A) Franchise Regulation B) Disclosure Statement C) Franchise Agreement D) Business Format
A) Franchise Contact B) Franchise Agreement C) Franchise D) Franchising
A) Franchisor B) Agent C) Franchisee D) Intermediary
A) Agent B) Intermediary C) Franchisee D) Franchisor
A) Franchisor, Franchisee B) Business Owner, Parent Company C) Franchisee, Business Owner D) Franchisee, Franchisor
A) Free from servitude B) Free from government C) Free from standardization D) Free from independent business
A) Service-oriented business B) Auto dealers C) Fast food restaurants D) Retail outlets
A) Trade name B) Pure C) Conversion D) Product Distribution
A) Profits B) Social gatherings C) Business policy D) Centralized and large-volume buying power
A) The quality of the goods and services provided. B) The rate of growth and the number of national outlets. C) Their locations and popularity with the local customer. D) The brand name recognition and appeal.
A) In the purchase of franchisor's experience, expertise, and products B) The fact it is much less expensive than doing your own business start-up C) The absolute territory protection offered by all franchisors D) The extensive assistance offered in finding startup
A) Financing B) Location C) Territorial protection D) The simplicity of the idea
A) All of the above B) Higher than the rate for all new businesses C) Lower than the rate for all new businesses D) No different from the rate of all new businesses
A) Market saturation B) Lack of capital C) . Competitions from independent entrepreneurs D) The recent downturn in the economy
A) Evaluate his/herself as to the fit with the franchise B) Search for start-up capital with local banks C) Contact the local chamber of commerce for the information of local economy D) Work in a similar industry for a year
A) When evaluating a franchise, the potential franchisee should: B) If the franchisor decides to buy back the franchise d. None of these C) The franchisee fails to follow the retail pricing guidelines set by the franchisor D) The franchisee declares bankruptcy
A) Look at the local labor market to see if there is a pool of appropriate candidates for employment B) Only interview franchise employees as franchisees vary greatly in their opinions C) Ask about the oral promises the franchisor will give regarding the future earnings D) Interview both current and former franchisees
A) True B) False
A) False B) True
A) Limited territory B) Exclusive territory C) Brand recognition D) Economies of scale
A) Marketing B) Pricing C) Lack of capital D) Economic Conditions
A) Business venture B) Corporate industry C) Franchising opportunities D) Franchising
A) Franchising fee B) Advertising expenditures C) Resale price maintenance clauses D) Termination of contract
A) Location B) Financing C) Territorial protection D) Franchising
A) Philippine Franchising Agency B) Philippine Association of Franchising Opportunist C) Philippine Franchise Association D) Philippine Franchising Industry Association, Inc.
A) 74 B) 34 C) 63 D) 50
A) 3-7% B) 7-2% C) 1-3% D) 1-15%
A) Financial Projections B) Legal Considerations C) Risk Analysis D) Competition
A) Branding B) Franchising C) Logo D) Business fee
A) Pricing strategy B) Inventory system C) Cultural integration plan D) Advertising budget
A) Weak branding B) Understaffing C) Overestimation of synergies D) Poor product quality
A) Improved operations B) Better market share C) Contract termination risk D) Increased profits.
A) Employee dissatisfaction B) Supplier conflict C) Pricing error D) Market cannibalization
A) Weak staffing B) Poor location choice C) Overvaluation due to trend-basedassumptions D) Ignoring legal requirements
A) When integration costs outweigh benefits B) When both brands use the same suppliers C) When the acquired brand is underperforming D) When both brands have identical markets
A) Similarity of store layout B) Number of existing branches C) Alignment of target markets and brand positioning D) Equipment compatibility
A) royalty B) The start-up fee C) A national advertising fee D) A technical assistance fee
A) Sensitivity analysis and cash flow projections B) Marketing campaign C) Expansion speed D) Loan approval
A) Supply chain failure B) Operational inefficiency C) Brand dilution D) Legal liability
A) Market research B) Due diligence C) Training program D) Customer analysis
A) Retail franchise B) Wholesale franchise C) Food service franchise D) Hospitality franchise
A) Time consumed by the management training and support the franchisor provides B) Territory limitations C) Cost of national advertising D) Strict adherence to standardized Operations
A) Foot traffic B) Financial projections C) Demographics D) Competition
A) None of these B) The franchisee fails to follow the retail pricing guidelines set by the franchisor C) The franchisee declares bankruptcy D) If the franchisor decides to buy back the franchise
A) The mutual benefits it provides to the franchisor and franchisee. B) More college students choosing to go to work for themselves rather than for corporations. C) The economic growth of the developed nations economy D) All of these factors
A) Market analysis B) Operational analysis C) Risk analysis D) Financial analysis |