Author Question: Which of the following is true about franchising? a. From a government perspective, franchising ... (Read 117 times)

nmorano1 · **on:** Jun 29, 2018

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