The Biggest Challenge Facing the Growth of New Franchises Is

question 107

Multiple Choice

The biggest challenge facing the growth of new franchises is:

• A)the lack of capital.
• B)competition from independent entrepreneurs.
• C)market saturation.
• D)the recent downturn in the economy.

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Definitions:

Security Council

A principal organ of the United Nations charged with maintaining international peace and security, comprising 15 member states, including five permanent members with veto power.

Veto Power

The right to unilaterally stop or reject a decision or proposal made by a law-making body, often held by a president, monarch, or other head of state.

Potsdam Conference

A summit held in 1945 where the leaders of the United States, the United Kingdom, and the Soviet Union met to negotiate terms for the end of World War II.

Nikita Khrushchev

A Soviet statesman who led the Soviet Union during part of the Cold War as the first secretary of the Communist Party and as chairman of the Council of Ministers.