Which of the following is true about franchising? a. From a ...

[nmorano1]

Which of the following is true about franchising?
 a. From a government perspective, franchising replaces exports and export jobs.
  b. From a recipient-country view, franchising requires substantial outflow of foreign exchange.
  c. Typically, there is no need for standardization in franchising.
  d. A key concern of franchising is the issue of selection and training of franchisees.

Question 2

A statement such as: If our new floor cleaner reaches a local market share of three percent after nine months of test marketing the product in Phoenix, we will launch the product nationally, is an example of a _____.
 a. hypothesis
  b. situation analysis
  c. managerial action standard
  d. problem definition

[bfulkerson77]

Answer to Question 1

D

Answer to Question 2

C

[nmorano1]

YES! Correct, THANKS for helping me on my review

[marict]

Thanks for the timely response, appreciate it