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Author Question: Franchising is a form of business ownership in which a firm that already has a successful product or ... (Read 124 times)

lilldybug07

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on: Jul 6, 2018
Franchising is a form of business ownership in which a firm that already has a successful product or service licenses its trademark and method of doing business to another business in exchange for ________.
 
  A) an initial franchise fee and an ongoing royalty
  B) a one-time franchise fee
  C) an equity position in the new business
  D) an ongoing royalty
  E) an initial franchise fee and an equity position in the new business

Question 2

An opportunity has four essential qualities. It is (1 ) rare, (2 ) attractive, (3 ) timely, and (4 ) anchored in a product, service, or business that creates or adds value for its buyer or end user.
 
  Indicate whether the statement is true or false


Expo

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Reply #1 on: Jul 6, 2018
Answer to Question 1

A

Answer to Question 2

TRUE


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lilldybug07

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Reply #2 on: Jul 6, 2018
Correct answers!


Expo

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Reply #3 on: Jul 6, 2018
Great! Please up vote :D


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