Author Question: Which of the following is the most compelling reason for someone to seek a franchise opportunity? a. ... (Read 67 times)

jon_i

  • Hero Member
  • *****
  • Posts: 549
Which of the following is the most compelling reason for someone to seek a franchise opportunity?
 a. the chance to be self-employed
  b. profitability
  c. the opportunity to enjoy growth in the franchise
  d. pressure from the franchisor

Question 2

Without customer loyalty, service organizations must depend too heavily on acquiring new customers in order to sustain long-term profitability.
 
 Indicate whether the statement is true or false



bigcheese9

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

B. The primary motivations one generally has in seeking a franchise opportunity are profitability, chance for self-employment, ability to run one's own business and be very successful at it, and opportunity to enjoy growth through the franchising arrangement. The most compelling reason for a person to enter business of any type is the opportunity to make a profit.

Answer to Question 2

T



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

For a complete list of videos, visit our video library