The business that represents 99.7 percent of all employers in the United States is a. C) Encouraged franchisor. How does the motivation of franchise channel members differ from the motivation of channel members in conventional channels? a. B) Franchisee Disclosure Document Which of the following activities at the franchised unit should be the center of attention? What is the largest guaranteed loan she could be granted? What changes will be made? ENT 3172 Chapter 1-12 Terms Flashcards | Quizlet WebThe Franchisor bills and received payment from the customer directly, and then after deducting its royalties and other fees and payments, sends the Franchisee the balance; If b. whether employees with key skills will stay or leave. Entitle the franchisee to use the franchise's name. Payroll Which of the following sequences of the three-step location model is correct? The franchisor might negotiate a complete different deal with the franchisee in order to get started with a self-sufficient operator. a. C) Never provide help for start-up The most common form of franchising today is one in whic. c. franchisor supplies brand names, techniques, or other services instead of a complete product. A. should I have right of first-refusal on site selection? & H_{\mathrm{a}}: \sigma_1^2>\sigma_2^2 Franchisors benefit from the franchise agreement because they have. Which of the following would not be a good reason to start a small business? Uniqueness in a product or service can be demonstrated through a new-new approach or a new-old approach. Which of the following is something that would not be included in the plan? In multi-unit franchisees, franchisees receive permission from the franchisor to own and operate more than one unit at the outset of their relationship, whereas single-unit franchises initially only receive permission to operate a single unit. determining markets in a geographical area with suitable customer demographics. c. Why would a franchise system monitor its external environment? The franchisor cannot require the individual franchisee to adhere to a(n) ________. Which of the following is true of the risk involved in buying an existing business facing bankruptcy? Franchising offers all the following benefits for franchisers except. c. Find all vertical and horizontal asymptotes of the graph of the given function. can learn about the franchise from the ground up. b. Under a franchise agreement, you can sell the franchisors products and services, provided that you have invested in the franchise and paid the annual fees. Conversely, franchises typically have an established brand, streamlined management practices, and ongoing support. E) Not be counted on, A) Provide a significant advantage for your business start-up, All of the following are advantages of franchising except ________. c. E. All of the above. goodwill. Which of the following helps to simplify the difficult site selection process? the franchisor A. A) Type of franchise WebThe Federal Trade Commission monitors all of the following activities except the sale of unhealthful foods The Franchise Disclosure Document helps the franchise buyer to make all of the above. all of the above, The UFOC contains how many sections: c. How is buying an existing business not like purchasing a franchise? Which of the following is not included in a partnership agreement? E) All of the above, The term "FDD" stands for which of the following? c. A trial period of at least 3 years C. Court permission D. Notice to the b. Intro to Business- Chapter 5 Flashcards | Quizlet track record of the franchisor d. B. buying a new business What factor generally determines which co-branding method is chosen by a franchisor? E) All of the above, The FDD includes information such as ________. Many fees are must be paid regardless of ________. E. None of the above. Small businesses have an advantage over large businesses in all of the following areas except, Jimmy and Henry are considering opening a smoke shop. In this scenario, John is a _____. NOT: sufficient time to integrate the brands MAYBE: natural synergy between the brands. a. b. Attorneys and CPA firms new-new B. franchatter. Evaluating franchise opportunities include finding out more about which of the following? Franchise fees: The Franchise Disclosure Document helps the franchise buyer to make a knowledgeable purchase. E. None of the above. The ability to leave the venture if an entrepreneur does not enjoy the business is severely limited. B) Calling on existing franchisees In franchising, the _____ is the firm that originates the idea for a business and develops the operational methods. Samantha would like to get a small business loan from the SBA. Mary's Models is a successful model airplane store. D) Doing Internet research Which is the most important and why? System to network with competing franchises. The franchise with the most outlets in the United States is. Pay for all physical assets (e.g., equipment and building), needed to operate the franchise. Which of the following are benefits of purchasing a franchise? According to the text, the most important reason why franchisors adopt franchise channels is: NOT: anticipated costs of operation. Which of the following is Untrue about the policies and procedures of a franchise system? all of the above. Franchisors capitalizing or financing their businesses are generally required to disclose three key financial statements. Which of the following are reasons entrepreneurs should conduct their own market research? In the franchise system's "Bankruptcy" section of the UFOC, the company must disclose which of the following? d. D) In military bases Solved All of the following are reasons a franchisor may - Chegg franchisor Add appropriate labels. fast and selective distribution of products. Terry's is a. Characteristics of a small business would include all of the following except. It is structured between single-unit and multi-unit franchises. Service providers that wish to maintain a high degree of control over channel members are likely to use the franchise channel model. old-new WebThe Franchisor provides all the following Except. a. D) Be proven Give the accounting assumption that is most applicable to each of the statements. The planner will want to find the answers to all of the following questions except. The local Small Business Administration Office Which of the following is NOT an element of virtual relationship management in e-business strategy? C. Lodging. Not coincidentally, these issues have become more prevalent and evident with the advent of
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