The Franchise Model Quiz

96This quiz is designed to test your knowledge of these modules of the “The Franchise Model” lessons in the Management Skills Courses, specifically;-

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The Franchise Model Quiz

The advantage of the franchise system is that there is;-
Select all that apply

A franchisee need have no prior knowledge of their chosen industry sector, but it will usually improve their chances of success if they have an interest and some prior knowledge

In a Business Format franchise there is not usually a tightly controlled agreement as to how the business is run

As a potential franchisor you need to consider;-
Select all that apply

To you prepare to franchise your business, you will usually need to;-
Select all that apply

The fees and royalties paid by the franchisee can be used by the franchisor to;-
Select all that apply

A franchisor cannot refuse to renew a franchise even if targets are not met.

As a potential franchisee, the things you would be looking for in a franchisor would include;-
Select all that apply

To be suitable to franchise a business must be;-
Select all that apply

Fees charged by a franchisor may include;-
Select all that apply

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Comments

The Franchise Model Quiz — 35 Comments

  1. Afranchise is the right to use asuccessful business modal and trademark

    Advantage
    It has ablue print for success

    Disadvantage
    There is lack of autonomy and indipendence

  2. I am so happy by participated in this programmes and the lessons very atractives and very interesting.

  3. This model. Franchise is a very interesting modules.thanks to our tutors. My beloved tutor I did the qiuz for franchise model two days ago.to my surprise my result had not been emailed to me thanks a lot.

  4. Wish u ! Everyone to success this quiz, is better for one to know with practice!

  5. Thanks be to God that an back on course, well life is good as we add another knowledge to our CVS,

  6. Hi it is my first time here,so thank you. I will see you in the next round. I am not giving up now. I am here to stay.

  7. Really unique educative programme that develops highly business strategies. Sharp ideas implanted in the mind for sharp and right business decisions. Really beneficial. Thank you!