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 #

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON