1. A franchise can do extensive advertising in a given market because the cost are spread among many units Select one: True False 2. Single franchise unit is the most complex type of franchise. Select one: True False
1. A franchise can do extensive advertising in a given market because the cost are spread among many units Select one: True False 2. Single franchise unit is the most complex type of franchise. Select one: True False
Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter4: Choosing A Form Of Business Ownership
Section: Chapter Questions
Problem 6DQ
Related questions
Question
![1. A franchise can do extensive advertising in a given market because the cost are
spread among many units
Select one:
True
False
2. Single franchise unit is the most complex type of franchise.
Select one:
True
False
3. In Quick Ratio or Acid Test Ratio Analysis, the rule of thumb being followed is-
A.
3:1 Ratio
b.
2:1 Ratio
C.
5:1 Ratio
d.
1:1 Ratio
4. A multi-unit franchise is an agreement where the franchisor grants a franchisee
the rights to open and operate more than one unit.
Select one:
True
False
5. Franchisors require the franchisees to pay Ads and Royalty from the start of
business venture till the contract ends.
Select one:
True
False](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1063541e-5fdc-4cec-962a-8207583136b1%2F206be69c-5da8-47f9-a649-80c333b1a2fb%2Fiq5e8cc_processed.jpeg&w=3840&q=75)
Transcribed Image Text:1. A franchise can do extensive advertising in a given market because the cost are
spread among many units
Select one:
True
False
2. Single franchise unit is the most complex type of franchise.
Select one:
True
False
3. In Quick Ratio or Acid Test Ratio Analysis, the rule of thumb being followed is-
A.
3:1 Ratio
b.
2:1 Ratio
C.
5:1 Ratio
d.
1:1 Ratio
4. A multi-unit franchise is an agreement where the franchisor grants a franchisee
the rights to open and operate more than one unit.
Select one:
True
False
5. Franchisors require the franchisees to pay Ads and Royalty from the start of
business venture till the contract ends.
Select one:
True
False
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