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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 understanding of franchising as a growth method!
What is franchising primarily used for?
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Which of the following are benefits of franchising for a franchisor? (Select all that apply)
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A franchisee typically pays an initial {{blank0}} fee and ongoing {{blank1}} fees to the franchisor.
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Match the items on the left with their correct pairs on the right
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Which of the following is the most common type of franchise?
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Which of the following are disadvantages for franchisees? (Select all that apply)
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Franchising is considered an example of {{blank0}} growth.
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Match the items on the left with their correct pairs on the right
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What is a key challenge for franchisors in maintaining brand consistency?
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What are typical components of a franchise agreement? (Select all that apply)
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