Franchise
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•10 Qs
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Franchise
Quiz
•
English, Business
•
University
•
Practice Problem
•
Hard
Karin Foley
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10 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Franchises are most common in the...
primary sector
secondary sector
tertiary sector
quaternary sector
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The brand owner is termed the...
franchisee
franchise
franchised
franchiser
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What legal structure will franchisees have?
only sole proprietorships
only partnerships
only limited liability companies
any of these
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
How many of McDonald's worldwide are franchised?
93%
75%
41%
16%
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
How much is the initial franchise fee?
$5,000 - $10,000
$20,000 - $50,000
$80,000 - $100,000
$200,000 - $500,000
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The first franchise operations began in the 1800s in (the)...
UK
Russia
US
Australia
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which of these franchises has the largest number of outlets worldwide?
KFC
Burger King
Subway
McDonald's
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