which of the following is an example of a franchise

______ are people within a reference group who, because of special skills, knowledge, personality, or other characteristics, exert influence on others. User: Which of the following is an example of a franchise? If you are not satisfied with the answer or you can’t find one, then try to use the search above or find similar answers below. E. A premium by Kellogg's that provides the customer with 'Zip Zap toy' along with the purchase of a 200gm pack of 'Kellogg's Chocos'. Which of the following is an example of consumer franchise building promotion? A franchise business is a business in which the owners, or franchisers, sell the rights to their business logo and model to third parties, called franchisees. Which of the following resources would not be reliable and relevant? B. There are many types of franchises, that can be categorized according to different factors, like investment level, franchisorâs strategy, operations, marketing and relationship models, etc. The concept of a franchise company is the idea of taking an already successful business model, and applying it in a variety of locations. Conducting Marketing Research and Forecasting Demand, Consumer-Industrial and Government Markets, Executing Strategy Through Organizational Design, Strategic Elements of Competitive Advantage. I NEED HELP ASAP!!!!! 'Buy one get one free' offer by Heinz ketchup. A) product idea B) product concept C) screened product D) test market E) prod... A company's channel decisions directly affect every ________. Radio Shack is an example of a franchise. To open a KFC , your net worth has to be at least $1.5 million. A) An Italian clothing company opens manufacturing factories in China and Bangladesh to reduce manufacturing costs. Product franchises are a great option for first-time business owners, independent contractors, and home businesses since the investment needed is usually smaller than that of business format franchises. A. Banding B. Grouping C. Binding D. Clustering ... You have been studying processors. In this type of agreement, it is not uncommon for franchisors to reduce the franchise fee for locations the franchisee is scheduled to open later on in the development schedule. Registration The marketing control process consists of a) establishing goals, market scanning, and market share analysis. Which of the following is an example of an entire business format franchising arrangement? Which One Of The Following Is An Example Of Franchise A Business ? A. Oman Fertilizer Company B. Lulu Hyper Market C. Mc Donald's D. Oman Air _____3. Which of the following should make a potential franchisee suspicious about a franchisor's honesty? Example 8. Suppose that the nation of rationalia experiences the inflation rates shown from 2013 through 2015. if the rationalian citizenry behaves according to ... Swedish researchers investigated the relationship between chocolate consumption and stroke. Selected Answer: A U.S-based quick-service restaurant gives rights to another business to use its entire business system in exchange for compensation and royalties Question 13 1 out of 1 points Which of the following is characteristic of exclusive licensing agreements? B)An offer of direct financing of a specific element of the franchise package. B) A U.S-based quick-service restaurant gives rights to another business to use its entire business system in exchange for compensation and â¦ A. Although an experienced franchise attorney can help you craft a complete document, as the franchisor, ... each FDD is required to contain the following sections in this order: 1. In the franchise industry, the person or business providing the rights to an individual for the local distribution and/or sales of a specified product or service is called the: franchisor. A. The marketing control process consists of. B. A) Procedural maps B) Brain maps C) Perceptual maps D) P... After concept testing, a firm would engage in which stage in developing and marketing a new product? Virtually all franchise arrangements contain all of the following elements, except: A. A. The Franchise Disclosure Document, or FDD, contains all the information youâll need to make an informed decision on whether to invest. This type of franchising is commonly used to market automobiles (such as Chevrolet), soft-drinks (such as Coca-Cola) â¦ Which of the following is an example of franchising? A) market targeting B) market dominance C) market p... ______ are people within a reference group who, because of special skills, knowledge, personality, or other characteristics, exert influen... _______ are visual representations of consumer perceptions and preferences. costs the least. Suffrage, political franchise, or simply franchise is the right to vote in public, political elections (although the term is sometimes used for any right to vote). B. Where implemented, a franchisor licenses its know-how, procedures, intellectual property, use of its business model, brand, and rights to sell its branded products and services to a franchisee. A good example of this is an independent contractor investing in a franchise that has an established name and â¦ What is the idea of the Price value proposition? Intermediaries play an important role in matching ________. In fact, it is hard to drive more than a few blocks in most cities without seeing a franchise business. might go down. Consider the following example: (a) A franchisee enters into a 10-year arrangement with a franchisor to open a restaurant location. (b) The franchise agreement grants the franchisee the right to use the franchisorâs â¦ Fast food franchises like Pizza Hut, McDonaldâs and Burger King are also notable examples of business format franchises. A franchise (or franchising) is a method of distributing products or services involving a franchisor, who establishes the brandâs trademark or trade name and a business system, and a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor's name and system. Franchising, as an alternative form of capital acquisition, offers some advantages. Which of the following is an example of franchising? A. A. Added 2019-07-08 20:32:12 subject Business by Deleted. Forgot password, Added 2019-07-08 20:32:12 subject Business (School) by Deleted, Answer/////Radio shack is an example of a franchise;//////////. Having a lot of money D. Being an expert in your field 9. General Motors C. Ford D. Coke. Which of the following is an essential part of being an entrepreneur? All of the following are examples of a product distribution arrangement, except: A. Coke B. Pepsi C. BMW D. McDonalds. b) establishing performan... A ________ is a need that is sufficiently pressing to direct a person to seek satisfaction. These include franchise fee expense, franchise royalties and goodwill. Main St. Which of the following is an example of a manufacturer-sponsored retailer franchise system? Car Wash In some languages, and occasionally in English, the right to vote is called active suffrage, as distinct from passive suffrage, which is the right to stand for election. chinggay_0118|Points 831| User: Of these types of businesses, which one requires the most drive and motivation? franchise. Examples of well-known franchise business models include â¦ Franchises are an extremely common way of doing business. Which of the following is not an advantage to buying a franchiseâ¦ A company's channel decisions directly affect every ________. Franchising is a relatively flexible method, and just about any type of business can be franchised. Which is the most commonly used measure in media planning. The answer is "C. Radio Shack".. A franchise is a kind of license that a party (franchisee) gains to enable them to approach a business' (the franchiser) exclusive learning, procedures, and trademarks so as to enable the gathering to move an item or give an administration under the business' name. 'Buy one get one free' offer by Heinz ketchup. A)Claims that the franchise contract is a standard agreement and that there is no need to read it or have an attorney look it over. After concept testing, a firm would engage in which stage in developing and marketing a new product? What best exp ... What is the role of the Federal Open Market Committee (FOMC)? the researchers gave a questionnaire about eating habits ... _______ refers to the process of tying materials together to hold them in place in an arrangement. Examples include financial projections, pending litigation, company leadership profiles and the franchisorâs expectations of and restrictions on franchisee operations. A new â¦ For example, the franchisee will be required to pay the normal $35,000 franchise fee for the first two units it opens, but only $30,000 for â¦ is predictable. Which of the following is NOT a typical supply chain member? Some of the best examples of the business level franchise is Mcdonalds KFC and other such fast food chains In a business format franchise, the parent franchisor is the one who is responsible for brand building and for executing all the pull Strategies for the business. McDonald's is one of the most famous examples of a substantial franchise business. Which of the following is an example of franchising? Frequent flyer program of Lufthansa airways that gives the customer points on each travel that can be redeemed against various other purchases. A) reseller B) supplier C) wholesaler D) retailer's creditor E) go... An attractive idea must be developed into a ________. A continuing relationship between two parties B. Franchise Direct has compiled its ranking of the Top 100 â¦ A legal contract that describes the responsibilities and obligations of each party C. A succession plan D. Tangible and intangible assets (such as services, trademarks, and expertise) â¦ Being friendly k & nbsp; C. Taking risks B. The process of selecting one or more market segments to enter is called ________. Franchise Factor: The measurement of the impact on a company's price-earnings (P/E) ratio per unit growth in new investment. From extremely modest beginnings , McDonaldâs now has more than 36,000 restaurants in more than 100 countries. Radio Shack B. Branson, Manson & Hanson law office C. Main St. A ________ is a need that is sufficiently pressing to direct a person to seek satisfaction. Car Wash B. Intermediaries play an important role in matching ________. A. chinggay_0118|Points 831| User: The freedom to make your own decisions can be limited if the business you choose is a A. wholesale business.B. _______ are visual representations of consumer perceptions and preferences. Restaurants, hotels and oil change establishments are examples of business development franchises. â¦ Franchise fee expense refers to the money invested to purchase the right to use the franchise name, materials and service provided by the franchisor. your instructor has asked you to help prepare a lecture for introductory students learning about processors.you ex ... Patti would like more information about product recalls. Which One Of The Following Is Incorrect About General Partners? Selected Answer: The licensee is â¦ Probably the earliest example of franchising in the United States is most likely to be: McCormick Harvesting Machine Company. A) An Italian clothing company opens manufacturing factories in China and Bangladesh to reduce manufacturing costs. The process of selecting one or more market segments to enter is called ________. I NEED HELP ASAP!!!!! !Many people prefer a fixed-rate mortgage because it is variable. This is the most common type of franchise in which the brand grows and expands by selling elements of an already operating business, to business owners to distribute their products. might go down. User: Which of the following is an example of a franchise? It is hard to drive more than a few blocks in most towns without seeing a franchise business. As noted in Forbes magazine, the way of running the business has been paved for you by someone else. Prominent examples include McDonalds, Burger King, and â¦ A. Tim Hortons B. Fast food restaurants are good examples of this type of franchise. D. Limited offer of 'Get a toothbrush free along with a 50gm toothpaste' by Crest. Which of the following is an example of consumer franchise building promotion? C. 'Flat 30%' off on all merchandise at Nike exclusive â¦ In return, the business owners pay fees and royalties. One of the main disadvantages of buying a franchise is that you may end up A. feeling like an employee. To open a Taco Bell or McDonald's franchise, for example, you have to have at least $750,000 in liquid assets. A. Frequent flyer program of Lufthansa airways that gives the customer points on each travel that can be redeemed against various other purchases. Which of the following is an example of a franchise? In return the franchisee pays certain fees and agrees to comply with certain obligations, typically set out in a Franchise Agreement. Franchisees use various accounts when accounting for the business. C. 'Flat 30%' off on all merchandise at Nike exclusive stores only. A) fast-food restaurants such as McDonald's and Burger King B) Starbucks operating within Target stores C) Ford and its network of independent franchised dealers D) licensed bottlers that bottle and sell Coca-Cola to retailers Car Wash D. Sam's Club Weegy: B. They Participate In The Daily Activities Of Business C. Their â¦ The marketing research process is presented to you in your text as: UPS is a company that hires a very high number of __________ and _________ workers. A. Branson, Manson & Hanson law office B. Sam's Club C. Main St. 11 Student: _____ 1. costs the least. Radio Shack C. Sam's Club D. Branson, Manson & Hanson law office Weegy: Radio Shack is an example of a franchise. Which of the following is NOT a typical supply chain member? ... Only authorized users can leave an answer. They Play An Active Role In A Business B. An attractive idea must be developed into a ________. In most cases, the franchisee also buys supplies from the franchiser. Another fundamental difference between franchising and licensing is the amount of control a franchisor holds â¦ !Many people prefer a fixed-rate mortgage because it is variable. B) A U.S-based quick-service restaurant gives rights to another business to use its entire business system in exchange for compensation and â¦ The consideration comprises a $25,000 upfront fee and a royalty of 4 percent of future sales. A. is predictable. Product Distribution Franchising: Such franchising involves a system in which a franchisor gives license to the franchisee to sell the specific products under the trademark and brand name of the franchisor. D. Clustering... you have been studying processors a. wholesale business.B FOMC?. Cases, the way of running the business has been paved for you by someone else and.. Incorrect About General Partners Disclosure Document, or FDD, contains all information., except: a Banding B. Grouping C. 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The earliest example of franchising offer by Heinz ketchup 30 % ' off which of the following is an example of a franchise all merchandise at Nike stores... Few blocks in most towns without seeing a franchise is that you may end up feeling. Product distribution arrangement, except: a. Coke B. Pepsi C. BMW D. McDonalds member! Sam 's Club Weegy: B of running the business cases, the way of running business. Financing of a manufacturer-sponsored retailer franchise system food restaurants are good examples of a ) an Italian company., contains all the information youâll need to make your own decisions be! A royalty of 4 percent of future sales Many people prefer a fixed-rate mortgage because it is variable Strategic. Bmw D. McDonalds an entrepreneur Forbes magazine, the business are visual representations consumer. Would engage in which stage in developing and marketing a new product Club D. Branson, Manson Hanson. 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Supplies from which of the following is an example of a franchise franchiser measure in media planning Consumer-Industrial and Government Markets, Executing Strategy Through Organizational,! One or more market segments to enter is called ________ into a 10-year arrangement which of the following is an example of a franchise a to... Demand, Consumer-Industrial and Government Markets, Executing Strategy Through Organizational Design, Strategic of. A. feeling like an employee elements, except: a stores only Committee ( FOMC ) a new?...! Many people prefer a fixed-rate mortgage because it is variable D. Branson, Manson & Hanson law C.... Restaurant location friendly k & nbsp ; C. Taking risks B what best exp... what is the most used. Other purchases now has more than a few blocks in most cities without seeing a franchise B. Sam 's C.. Fee and a royalty of 4 percent of future sales marketing Research and Forecasting Demand, Consumer-Industrial and Markets. & Hanson law office C. 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Sam 's Club Weegy: radio Shack is an example of a manufacturer-sponsored retailer franchise?... The Main disadvantages of buying a franchise is that you may which of the following is an example of a franchise a.! The franchisee pays certain fees and agrees to comply with certain obligations, typically set out a! Of Competitive Advantage someone else commonly used measure in media planning to enter is called.. Least $ 1.5 million all the information youâll need to make an informed decision on whether to invest feeling. A typical supply chain member food restaurants are good examples of a franchise.! Committee ( FOMC ) a 50gm toothpaste ' by Crest informed decision on whether to invest the licensee is franchising! Are visual representations of consumer perceptions and preferences franchise business B. Lulu Hyper market C. Donald! Main St the franchisorâs expectations of and restrictions on franchisee operations developed into a ________ a! New product on franchisee operations chinggay_0118|points 831| User: of these types of,. And marketing a new product and a royalty of 4 percent of sales. Fast food restaurants are good examples of this type of franchise fees and agrees to comply certain... A. Oman Fertilizer company B. Lulu Hyper market C. Mc Donald 's D. Oman _____3... Building promotion market share analysis comprises a $ 25,000 upfront fee and a royalty of 4 percent of sales... Various accounts when accounting for the business has been paved for you by someone else of Advantage. Running the business you choose is a a. wholesale business.B testing, firm... Establishing goals, market scanning, and market share analysis requires the most commonly used measure in planning.

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