Multiple Select Question

Select all that apply

Which of the following are considered advantages of franchising as a strategic option for foreign entry?

Franchisees are almost always highly committed to consistency and standardization even in foreign locations.

The franchisee bears most of the costs and risks versus the franchisor.

Compared to licensing, franchising works better for global expansion of service and retailing firms.

Franchising is a more conservative and less risky option than establishing a subsidiary or joint venture.