On Average, Buying a Franchise

question 27

Multiple Choice

On average, buying a franchise:

• A) is the lowest risk start-up method.
• B) has the same risk as starting a brand new business.
• C) has the same risk as buying an existing independent firm.
• D) is risk-free.

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Definitions:

Strokes

A medical condition where the blood supply to part of the brain is interrupted or reduced, causing brain cells to die from lack of oxygen.

Cancer

A term for diseases in which abnormal cells divide without control and can invade nearby tissues.

Type B Personality

Characteristic behavior pattern that is relaxed, less competitive than Type A, and more resistant to stress.

Relaxed

A state of being free from tension, anxiety, or stress, often characterized by physical calm and mental tranquility.