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. To open a Taco Bell or McDonald's franchise, for example, you have to have at least $750,000 in liquid assets. A continuing relationship between two parties B. Prominent examples include McDonalds, Burger King, and … The marketing control process consists of. Car Wash B. 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. The process of selecting one or more market segments to enter is called ________. b) establishing performan... A ________ is a need that is sufficiently pressing to direct a person to seek satisfaction. 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. Which of the following is an example of franchising? Fast food restaurants are good examples of this type of franchise. 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) … A. Oman Fertilizer Company B. Lulu Hyper Market C. Mc Donald's D. Oman Air _____3. Intermediaries play an important role in matching ________. Which of the following is an example of a manufacturer-sponsored retailer franchise system? C. 'Flat 30%' off on all merchandise at Nike exclusive stores only. Which of the following is not an advantage to buying a franchise… … Frequent flyer program of Lufthansa airways that gives the customer points on each travel that can be redeemed against various other purchases. A company's channel decisions directly affect every ________. A. 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? Franchises are an extremely common way of doing business. User: Which of the following is an example of a franchise? Which of the following resources would not be reliable and relevant? 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. A. Being friendly k & nbsp; C. Taking risks B. franchise. General Motors C. Ford D. Coke. 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. What is the idea of the Price value proposition? B. An attractive idea must be developed into a ________. B. chinggay_0118|Points 831| User: Of these types of businesses, which one requires the most drive and motivation? A new … In fact, it is hard to drive more than a few blocks in most cities without seeing a franchise business. User: Which of the following is an example of a franchise? The consideration comprises a $25,000 upfront fee and a royalty of 4 percent of future sales. Which is the most commonly used measure in media planning. Franchise Factor: The measurement of the impact on a company's price-earnings (P/E) ratio per unit growth in new investment.   The Franchise Disclosure Document, or FDD, contains all the information you’ll 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) … I NEED HELP ASAP!!!!! They Participate In The Daily Activities Of Business C. Their … B) A U.S-based quick-service restaurant gives rights to another business to use its entire business system in exchange for compensation and … Forgot password, Added 2019-07-08 20:32:12 subject Business (School) by Deleted, Answer/////Radio shack is an example of a franchise;//////////. I NEED HELP ASAP!!!!! Which One Of The Following Is An Example Of Franchise A Business ? Franchising, as an alternative form of capital acquisition, offers some advantages. Which of the following is NOT a typical supply chain member? ______ are people within a reference group who, because of special skills, knowledge, personality, or other characteristics, exert influence on others. Which of the following is an example of franchising? A franchise (or franchising) is a method of distributing products or services involving a franchisor, who establishes the brand’s 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. (b) The franchise agreement grants the franchisee the right to use the franchisor’s … The marketing control process consists of a) establishing goals, market scanning, and market share analysis. 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. 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. !Many people prefer a fixed-rate mortgage because it is variable. A good example of this is an independent contractor investing in a franchise that has an established name and … Car Wash D. Sam's Club Weegy: B. Main St. 'Buy one get one free' offer by Heinz ketchup. 11 Student: _____ 1. 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. Which of the following is NOT a typical supply chain member? A) An Italian clothing company opens manufacturing factories in China and Bangladesh to reduce manufacturing costs. Examples include financial projections, pending litigation, company leadership profiles and the franchisor’s expectations of and restrictions on franchisee operations. 'Buy one get one free' offer by Heinz ketchup. A. Tim Hortons B. It is hard to drive more than a few blocks in most towns without seeing a franchise business. Intermediaries play an important role in matching ________. Which of the following is an example of franchising? is predictable. Which One Of The Following Is Incorrect About General Partners? The concept of a franchise company is the idea of taking an already successful business model, and applying it in a variety of locations. McDonald's is one of the most famous examples of a substantial franchise business. As noted in Forbes magazine, the way of running the business has been paved for you by someone else. 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? In return the franchisee pays certain fees and agrees to comply with certain obligations, typically set out in a Franchise Agreement. These include franchise fee expense, franchise royalties and goodwill. 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. 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. !Many people prefer a fixed-rate mortgage because it is variable. Fast food franchises like Pizza Hut, McDonald’s and Burger King are also notable examples of business format franchises. One of the main disadvantages of buying a franchise is that you may end up A. feeling like an employee. A. Added 2019-07-08 20:32:12 subject Business by Deleted. What best exp ... What is the role of the Federal Open Market Committee (FOMC)? Franchise Direct has compiled its ranking of the Top 100 … the researchers gave a questionnaire about eating habits ... _______ refers to the process of tying materials together to hold them in place in an arrangement. They Play An Active Role In A Business B. Car Wash Registration Examples of well-known franchise business models include … Which of the following is an example of an entire business format franchising arrangement? A. Banding B. Grouping C. Binding D. Clustering ... You have been studying processors. 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 costs the least. To open a KFC , your net worth has to be at least $1.5 million. Selected Answer: The licensee is … 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. Conducting Marketing Research and Forecasting Demand, Consumer-Industrial and Government Markets, Executing Strategy Through Organizational Design, Strategic Elements of Competitive Advantage. 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. is predictable. C. 'Flat 30%' off on all merchandise at Nike exclusive … 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. Having a lot of money D. Being an expert in your field 9. B) A U.S-based quick-service restaurant gives rights to another business to use its entire business system in exchange for compensation and … 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. Restaurants, hotels and oil change establishments are examples of business development franchises. Which of the following is an example of consumer franchise building promotion? Probably the earliest example of franchising in the United States is most likely to be: McCormick Harvesting Machine Company. Which of the following is an essential part of being an entrepreneur? A. 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). A. The process of selecting one or more market segments to enter is called ________. A. Branson, Manson & Hanson law office B. Sam's Club C. Main St. 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 … From extremely modest beginnings , McDonald’s now has more than 36,000 restaurants in more than 100 countries. After concept testing, a firm would engage in which stage in developing and marketing a new product? Franchisees use various accounts when accounting for the business. There are many types of franchises, that can be categorized according to different factors, like investment level, franchisor’s strategy, operations, marketing and relationship models, etc. A) An Italian clothing company opens manufacturing factories in China and Bangladesh to reduce manufacturing costs. A. D. Limited offer of 'Get a toothbrush free along with a 50gm toothpaste' by Crest. A. might go down. All of the following are examples of a product distribution arrangement, except: A. Coke B. Pepsi C. BMW D. McDonalds. Which of the following is an example of consumer franchise building promotion? Radio Shack C. Sam's Club D. Branson, Manson & Hanson law office Weegy: Radio Shack is an example of a franchise. A ________ is a need that is sufficiently pressing to direct a person to seek satisfaction. B)An offer of direct financing of a specific element of the franchise package. ... Only authorized users can leave an answer. might go down. 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. Consider the following example: (a) A franchisee enters into a 10-year arrangement with a franchisor to open a restaurant location. In most cases, the franchisee also buys supplies from the franchiser. Which of the following should make a potential franchisee suspicious about a franchisor's honesty? 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. A. 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. 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. _______ are visual representations of consumer perceptions and preferences. 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? Franchising is a relatively flexible method, and just about any type of business can be franchised. B. Radio Shack is an example of a franchise. costs the least. Radio Shack B. Branson, Manson & Hanson law office C. Main St. A) reseller B) supplier C) wholesaler D) retailer's creditor E) go... An attractive idea must be developed into a ________. Example 8. A) product idea B) product concept C) screened product D) test market E) prod... A company's channel decisions directly affect every ________. 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'. Another fundamental difference between franchising and licensing is the amount of control a franchisor holds … Franchise fee expense refers to the money invested to purchase the right to use the franchise name, materials and service provided by the franchisor. Virtually all franchise arrangements contain all of the following elements, except: A. In return, the business owners pay fees and royalties. B. Pepsi C. BMW D. McDonalds a business establishments are examples of a franchise business establishing. 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