Which of the Following Is an Advantage of Franchising

question 76

Multiple Choice

Which of the following is an advantage of franchising?

• A)A firm takes profits out of one country to support competitive attacks in another.
• B)A firm is relieved of many of the costs and risks of opening a foreign market on its own.
• C)It guarantees consistent product quality.
• D)It achieves experience curve and location economies.

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Definitions:

Chunking

A cognitive strategy that involves breaking down information into smaller, manageable units or chunks to enhance memory and recall.

Rehearsal

The act of practicing a performance or activity repeatedly in preparation for a public presentation.

Elaboration

Elaboration is the process of adding more information or detail to a memory, concept, or idea, making it more complex and enriched.

Clustering

The grouping of similar objects or data points in a way that they are more closely associated with each other than with those in other groups.