Question $27(1$ point$)$

The candid evaluation of the opportunities and potential problems facing a prospective or existing retailer is

referred to as

strategy determination

situation analysis

implementation and analysis

philosophy of business

$26$ of $35$ questions saved

Business format franchising is characterized by

dealers having considerable freedom in developing and implementing their overall retail strategy

an interactive relationship between a franchisor and a franchisee

the absence of royalty fees to franchisors

dealers operating relatively autonomously from suppliers

Business format franchising is characterized by

dealers having considerable freedom in developing and implementing their overall retail strategy

an interactive relationship between a franchisor and a franchisee

the absence of royalty fees to franchisors

dealers operating relatively autonomously from suppliers