Franchises
Authored by Sarah Williams
English
University
CCSS covered
Used 3+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The franchisee must follow ALL rules stated in the franchise agreement.
True
False
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Franchises are significantly more successful than independently owned businesses.
True
False
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
This is the individual or organization selling the franchise.
franchisor
franchisee
Tags
CCSS.RI.11-12.5
CCSS.RI.8.5
CCSS.RI.9-10.5
CCSS.RI.11-12.3
CCSS.RI.9-10.3
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
This is the person or organization purchasing the franchise.
franchisee
franchisor
5.
MATCH QUESTION
1 min • 1 pt
Match the words with their definitions.
management fee
the act of giving time, money or effort to a particular task in order to make it successful
investment
a plan for running a business, identifying where the money will come from
business model
a regular fee paid to a person or company for managing a business
capital
wealth or property that is owned by a business or a person and can be invested or used to start a business
franchise fee
the one-time payment made by a franchisee to the franchisor for joining the franchise system
Tags
CCSS.RI.11-12.5
CCSS.RI.8.5
CCSS.RI.9-10.5
CCSS.RI.6.5
CCSS.RI.7.5
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the comercial franchise?
It is the franchisor himself that produces the products that the franchisees sell
The franchisor offers the franchisee all the necessary elements to sell the products and services
It is the mix of the product franchise and service franchise model
Tags
CCSS.RI.11-12.5
CCSS.RI.8.5
CCSS.RI.9-10.5
CCSS.RI.11-12.3
CCSS.RI.9-10.3
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
One of the advantages of the manager as a franchisee is that franchises are an exellent field to train as an entreperneur, due to the strong support provided by the headquarters and the complete network of other franchisees
True
False
Tags
CCSS.RI.11-12.5
CCSS.RI.8.5
CCSS.RI.9-10.5
CCSS.RI. 9-10.8
CCSS.RI.11-12.8
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