$5$ Multiple Answer

$4$ points

Identify ALL TRUE statements regarding franchising.

Franchising does not require a uniform brand image or consistent service quality across all franchise locations, allowing for a wide range of service standards.

Franchising allows for rapid expansion with less capital investment and leverages the expertise of individual franchisees.

Franchising ensures absolute independence for franchisees, allowing them complete freedom in decision$-$making and operational practices.

Cannibalization is typically not a problem when it comes to franchising

Franchising provides the advantage of shared marketing and advertising costs among franchisees, leveraging a collective promotional effort to boost brand recognition.

Franchisees often benefit from the franchisor's training programs and ongoing support, which can enhance their skills and operational capabilities.

Franchising often provides access to established business models and operational systems, enabling new franchisees to benefit from tried$-$and$-$tested strategies.