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UNISA

$2024$

MNB$1501-24-$S$1$

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Assessment $8$

QUIZ

Assessment $8$

Question $5$

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Which one of the following statements regarding a franchise is not true?

a$.$

A legally binding relationship is established between the franchisor and the franchisee.

b$.$

There is no risk of failure in starting a franchise as the franchisor gives support.

c$.$

Franchising requires tremendous time to learn the trade of the franchise environment.

d$.$

Franchisees should have interpersonal skills to develop relationships with employees.

Question $6$

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Sipho would like to own a business through a franchise. How many of the following statements are not correct about a franchise?

a$.$ A franchisee grants a license to the franchise.

b$.$ A franchise pays the franchisee an initial fee.

c$.$ A franchisee trains the franchisor.

d$.$ A franchisor allows creativity and innovation.

e$.$ A franchisee benefits from the franchise$$s known brand.

a$.$

one

b$.$

two

c$.$

three

d$.$

four