a franchisor can control all of the following except

a) higher investment requirements b) greater profitability due to franchising c) greater control over production and marketing d) increased sales due to less market penetration. B) Failure. . C) Inclusive franchising. All of the following are functions of money, except. The franchisee has to pay the royalty for those rights. Franchisees are able to negotiate better pricing than franchisors. A. franchisee B. district developer C. franchisor D. city council. to establish certain standards for a facility. In exchange for an ownership share, small businesses receive financing from a group of investors known as _____. C. The managers of nonprofit organizations conduct all kinds of business operations except collecting funds. Franchises are becoming less expensive to fund. 2 It deprives the franchisor of absolute control over his or her business. Which of the following is not a benefit to the franchisor in a franchise agreement? c. methods of operation of the business. All of the following are reasons a franchisor may wish to maintain some degree of control and supervision over the franchisee, except. Technically, the contract binding . A major reason for success of franchising is that the franchisor can use all of the following from the franchisee EXCEPT for the franchisee's: . c.assurance of how the stores will be maintained and operated. d.no involvement in national advertising campaigns. D. The marketing team handles all activities concerned with obtaining money for the firm and using it effectively. Span of control refers to: A. b. other franchisee's employees and management. b.gains from franchisee's high motivation. A sole proprietorship is a form of business organization in which the owner is in sole control of profit and _____. False False 29. D) Optimism. On-site management. C) Popularity. . a. The Franchising Code of Conduct is a mandatory industry code that applies to all of the parties to a franchise agreement. An ongoing problem of franchising is that when franchisees gain experience , they may start to feel that they should not be paying the various fees to the franchisor . True. A franchisee acquires rights to all of the following, except : a. national advertising by the franchise. Many businesses fail during the early years because of _____. Uploaded By tayjones. c. Knowledge of market conditions is hard to achieve. to maintain a certain level of food quality. B. spreading its business risk across a wider market base. False. Benefits of becoming a franchisee include all of the. C. A single plan is used to direct the tactical assignments with the Operations Section. guaranteed level of profitability. D Question 9 2 pts A franchisor can control all of the following of its franchisees except: Types of products sold. But if a protest is filed prior to a chargeback, then the franchisor cannot chargeback the dealer during the above time . 20 . the franchisor can terminate it, but must give sufficient. A franchisor can make better buying deals because of quantity purchases. If there is a hearing, the franchisor has the burden of proof. A franchisee can file a protest of the final denial of a warranty claim following a franchisor's appeal process within 6 months after receipt of the written notice. Franchising is a form of business where the franchisor (who has an established brand name) gives the right to the franchisee to use its trademark, products, services, and also provide training and assistance for operating the business. a. The Franchisor provides all the following Except. E. The senior management is not involved in the day-to-day functions of production and manufacturing. (B) to leverage core competencies in new markets. d. The franchisee is completely dependent on the franchisor for funding. e.fast and selective distribution of products. All of the following are restrictions on competition in the American system of capitalism, except. B) Exporting carries the risk of being vulnerable to adverse shifts in currency exchange rates. to establish certain standards for a facility. . True or false: A general partnership is considered a legal entity. are physicians and form an LLP Sherman is in charge of supervising Frank a new physician. More franchises are opening outside the United States. The Code applies to conduct occurring on or after 1 January 2015 1 in relation to a franchise agreement entered into, renewed, extended or transferred . b. experience in the market. to avoid liability under the doctrine of respondeat superior. School Fullerton College; Course Title BUS 180; Type. Legitimately, a firm may pursue an international strategic alliance for all of the following reasons EXCEPT: (A) to enhance the compensation packages of top managers. a. 65. d. a name. @ Prices of products sold. This agreement likely includes: Franchising offers all of the following advantages EXCEPT. c) greater control over production and marketing. A small business structure wherein the owner puts up their own capital and has complete control over all operational decisions. A manufacturer or distributor cannot chargeback a dealer on day 44 or before, or after day 91. Franchisees determining their own pricing and marketing. Barry M. Block. An entity or individual that grants another party the right to conduct business according tospecified methods and terms is known as a Franchisor Franchisor 28. Test Prep. Benefits of becoming a franchisee include all of the following items except a. ANS: PTS: 1 REF: p. 113 OBJ: 4-2 TYPE: C NAT: Analytic | Ethical and Legal 30. D. Communication equipment, procedures, and systems can operate together during a response. A business arrangement wherein an individual pays a larger company for the rights to use their name and general business plan. To reduce costs, a franchise consultant can substitute for a licensed attorney experienced in theevaluation of legal documents related to franchising agreements. Guaranteed level of . c) Loss of independence. The disclosure statement provided to a prospective franchisee must contain all of the following information except a. franchisor's finances. Salaries to employees Corporate structure pts Question 10 Sherman, Benjamin and B.J. b. When a disclosed principal authorizes an agent's transaction with a third person, the principal and the third person may each sue the other in the event of a breach of the contract. The franchisor does not provide the land to place the business on. E) None of the above is a type of franchising. 4- All of the following are advantages of Franchising except : a) Probability of success b) Training c) Loss of independence d) Operating benefits. People , possession , and information - based services have strikingly similar requirements on an international distribution strategy . 4 all of the following are advantages of franchising 4- All of the following are advantages of Franchising except : a) Probability of success b) Training c) Loss of independence d) Operating benefits c) Loss of independence to protect the franchise's name and reputation. (C) to operate within government restrictions in the local country. A franchisor can handle a larger, more complex business. to maintain a certain level of food quality. Pages 9 Ratings 71% (14) 10 out of 14 people found this document helpful; All of the following are reasons a franchisor may wish to maintain some degree of control and supervision over the franchisee, except to protect the franchise's name and reputation. The franchisor specifies the methods and terms of conduct and grants business privileges to the . (D) to escape limited domestic growth opportunities. the franchisee is required to pay, or has agreed to pay, a fee to the franchisor (or its associate) before starting or continuing the business, which may be: an initial capital investment fee a payment for goods or services a fee based on a percentage of gross or net income a training fee or training school fee. A benefit to the use of a fully integrated vertical marketing system is____. The suppliers of goods and services are not all the same size. answer. None of these statements accurately defines a franchise. @ Prices of products sold. The franchisor provides all of the following services EXCEPT _____. Franchising offers all of the following advantages EXCEPT _____. Question 3 45 seconds Q. on site-management. Protest of Final Denial of Warranty Claim following a Franchisor's Appeal Process. A) Success. A) One advantage of an export strategy is the ability to test the international waters before having to commit substantial sums to establishing operations in foreign countries—the amount of capital required to begin exporting is frequently quite minimal. True. The most significant advantage of a franchise is the increased probability of ________, given that franchise brands have positive track records and instant recognition in most communities. 10. a. A franchisor is in control of the daily operations of a much larger business. B. A franchisor is the person to whom the franchise is granted. Franchisors can often control pricing by their U.S. franchisees within certain limits if the . A franchisor employs fewer direct employs. On the off chance that . b. To control costs when purchasing a business, an attorney at the closing can represent both sides. e. a logo. The major forms of business organizations in the United States include all of the following except: _____. Transcribed image text: D Question 9 2 pts A franchisor can control all of the following of its franchisees except: Types of products sold. corporation, partnership, sole proprietorship . Greg buys a McDonald's franchise. The reasons why a company opts to expand outside its home market include all of the following EXCEPT: A. gaining access to new customers for the company's products/services. Salaries to employees Corporate structure pts Question 10 Sherman, Benjamin and B.J. December 19, 2013, 6:36 PM EST. Loss of autonomy/independence: For certain individuals, quite possibly the most genuine impediments of turning into a franchisee is loss of freedom. Personnel from different jurisdictions can all perform the same tasks using the same protocols. The Code has the force of law and is binding on franchising participants. If the object of the partnership may not be completed in ___, the partnership must be in writing. Employee mobility is difficult. inadequate financing. Law360, New York (December 19, 2013, 6:36 PM EST) --. to avoid liability under the doctrine of respondeat superior. are physicians and form an LLP Sherman is in charge of supervising Frank a new physician. Justification for the correct and incorrect answer: C. achieving lower costs through economies of scale, experience, and increased purchasing power. Members of a general partnership have a ___ relationship to each other; that is, each owes the other due care in actions associated with the partnership. Investment costs related to franchising include all of the following except a. insurance premiums and legal fees. . The business arrangement, otherwise called a franchise opportunity, has three major components that constitute the essence of what . Code § 3065.1 (g) (6)) In summary, days 45-90 are the only days to chargeback a dealer for franchisor incentive program claims. Question 47 All of the following are advantages to the franchisorexcept a.raising of money and capital for expansion of their product. 2. Further Explanation: Franchising is a form of business where the franchisor (who has an established brand name) gives the right to the franchisee to use its trademark, products, services, and also provide training and assistance for operating the business. Audits of Franchisee Warranty . A franchise (or franchising) is a method of distributing products or services involving a franchisor, who establishes the brand's trademark or trade name and a business system, and a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor's name and system. 10.As part of a new franchise agreement, the franchisor provides quarterly training of the franchisee's employees, periodic promotion of the franchisee's weekly specials, annual seminars for the franchisee's key personnel, as well as allowing the franchisee to utilize the franchisor's name and logo. More franchises are opening outside the United States.

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