Question: Which of the following is an advantage of franchising? a. It can help the franchisor expand his or her businessrapidly. b. It is beneficial for

Which of the following is an advantage of franchising?

a.

It can help the franchisor expand his or her businessrapidly.

b.

It is beneficial for franchisees because they do not have toface higher capital costs.

c.

It helps the franchisees by relieving them of the responsibilityof running operations.

d.

It gives the franchisor the same level of tight control overfranchisees as does chaining.

e.

It allows the franchisor to earn all of the profits made byfranchisees.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

With franchising the franchisor has the abili... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!