Quiz: Franchising as a Growth Method

WJEC Eduqas GCE A LEVEL in BUSINESS specification

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Building on what you've learned about business growth strategies, let's test your knowledge of franchising as a growth method!

Multiple ChoiceInteractive

What is a franchise?

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Multi-SelectInteractive

Which of the following are benefits of franchising for the franchisor? (Select all that apply)

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Franchisees pay a {{blank0}} fee and often a percentage of their {{blank1}} as royalties.

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MatchingInteractive

Match the items on the left with their correct pairs on the right

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Multiple ChoiceInteractive

Which of the following is a disadvantage of franchising for the franchisee?

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Which of the following are characteristics of a franchise agreement? (Select all that apply)

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Fill in the BlankInteractive

Franchising is considered a form of {{blank0}} growth, as businesses expand by working with {{blank1}}.

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MatchingInteractive

Match the items on the left with their correct pairs on the right

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Multiple ChoiceInteractive

Why might a franchisor prefer franchising over opening company-owned outlets?

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Multiple ChoiceInteractive

What is one risk to the franchisor in a franchise agreement?

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