Homework Help is Here – Start Your Trial Now!
Business
Management
Professor: H. Tracey Campbell Cape Breton University MGMT 5603-11 Question 1 Multiple Choice (20 points) Circle correct answer November 2024 1) Which of these is not an advantage of purchasing a small business A) Increased number of competitors B) Established marketing structure C) Existing employees D) More opportunity to be creative 2) Which is not one of the four approaches to valuing a business? A) Market value B) Equity value C) Asset value D) Earnings value 3) Under a franchising agreement A) A franchisor owns an outlet B) Both the franchisor and the franchisee operate an outlet C) A franchisee owns an outlet D) A franchisee develops the best system for their outlet 4) Established franchises can provide A) Guaranteed cash flow B) Franchisee success C) Healthy opportunities for franchisee creativity D) Instant brand recognition 5) A proven franchise offers A) Greater opportunity and more freedom B) Small market share and weaker competition C) Higher returns and reduced employee turnover D) Lower risk and higher financial investment Student Name ID #

Professor: H. Tracey Campbell Cape Breton University MGMT 5603-11 Question 1 Multiple Choice (20 points) Circle correct answer November 2024 1) Which of these is not an advantage of purchasing a small business A) Increased number of competitors B) Established marketing structure C) Existing employees D) More opportunity to be creative 2) Which is not one of the four approaches to valuing a business? A) Market value B) Equity value C) Asset value D) Earnings value 3) Under a franchising agreement A) A franchisor owns an outlet B) Both the franchisor and the franchisee operate an outlet C) A franchisee owns an outlet D) A franchisee develops the best system for their outlet 4) Established franchises can provide A) Guaranteed cash flow B) Franchisee success C) Healthy opportunities for franchisee creativity D) Instant brand recognition 5) A proven franchise offers A) Greater opportunity and more freedom B) Small market share and weaker competition C) Higher returns and reduced employee turnover D) Lower risk and higher financial investment Student Name ID #

Foundations of Business (MindTap Course List)
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
See similar textbooks
icon
Related questions
Question
Professor: H. Tracey Campbell Cape Breton University MGMT 5603-11 Question 1 Multiple Choice (20 points) Circle correct answer November 2024 1) Which of these is not an advantage of purchasing a small business A) Increased number of competitors B) Established marketing structure C) Existing employees D) More opportunity to be creative 2) Which is not one of the four approaches to valuing a business? A) Market value B) Equity value C) Asset value D) Earnings value 3) Under a franchising agreement A) A franchisor owns an outlet B) Both the franchisor and the franchisee operate an outlet C) A franchisee owns an outlet D) A franchisee develops the best system for their outlet 4) Established franchises can provide A) Guaranteed cash flow B) Franchisee success C) Healthy opportunities for franchisee creativity D) Instant brand recognition 5) A proven franchise offers A) Greater opportunity and more freedom B) Small market share and weaker competition C) Higher returns and reduced employee turnover D) Lower risk and higher financial investment Student Name ID #
Transcribed Image Text:Professor: H. Tracey Campbell Cape Breton University MGMT 5603-11 Question 1 Multiple Choice (20 points) Circle correct answer November 2024 1) Which of these is not an advantage of purchasing a small business A) Increased number of competitors B) Established marketing structure C) Existing employees D) More opportunity to be creative 2) Which is not one of the four approaches to valuing a business? A) Market value B) Equity value C) Asset value D) Earnings value 3) Under a franchising agreement A) A franchisor owns an outlet B) Both the franchisor and the franchisee operate an outlet C) A franchisee owns an outlet D) A franchisee develops the best system for their outlet 4) Established franchises can provide A) Guaranteed cash flow B) Franchisee success C) Healthy opportunities for franchisee creativity D) Instant brand recognition 5) A proven franchise offers A) Greater opportunity and more freedom B) Small market share and weaker competition C) Higher returns and reduced employee turnover D) Lower risk and higher financial investment Student Name ID #
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
Foundations of Business (MindTap Course List)
Foundations of Business (MindTap Course List)
Marketing
ISBN:
9781337386920
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning
Management, Loose-Leaf Version
Management, Loose-Leaf Version
Management
ISBN:
9781305969308
Author:
Richard L. Daft
Publisher:
South-Western College Pub
Principles of Management
Principles of Management
Management
ISBN:
9780998625768
Author:
OpenStax
Publisher:
OpenStax College
Marketing
Marketing
Marketing
ISBN:
9780357033791
Author:
Pride, William M
Publisher:
South Western Educational Publishing
MARKETING 2018
MARKETING 2018
Marketing
ISBN:
9780357033753
Author:
Pride
Publisher:
CENGAGE L
Foundations of Business - Standalone book (MindTa…
Foundations of Business - Standalone book (MindTa…
Marketing
ISBN:
9781285193946
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning
SEE MORE TEXTBOOKS