!Many people prefer a fixed-rate mortgage because it is variable. An attractive idea must be developed into a ________. Selected Answer: The licensee is … I NEED HELP ASAP!!!!! Having a lot of money D. Being an expert in your field 9. Which is the most commonly used measure in media planning. The Franchise Disclosure Document, or FDD, contains all the information you’ll need to make an informed decision on whether to invest. In return, the business owners pay fees and royalties. A continuing relationship between two parties B. Which of the following is an example of a franchise? 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. 'Buy one get one free' offer by Heinz ketchup. Car Wash D. Sam's Club Weegy: B. A. Which of the following is not an advantage to buying a franchise… D. Limited offer of 'Get a toothbrush free along with a 50gm toothpaste' by Crest. 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'. 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. 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? ______ 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 NOT a typical supply chain member? costs the least. 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. It is hard to drive more than a few blocks in most towns without seeing a franchise business. A good example of this is an independent contractor investing in a franchise that has an established name and … might go down. 'Buy one get one free' offer by Heinz ketchup. A. Franchise Direct has compiled its ranking of the Top 100 … Conducting Marketing Research and Forecasting Demand, Consumer-Industrial and Government Markets, Executing Strategy Through Organizational Design, Strategic Elements of Competitive Advantage. Franchises are an extremely common way of doing business. 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. The marketing control process consists of. 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? 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. !Many people prefer a fixed-rate mortgage because it is variable. Franchise Factor: The measurement of the impact on a company's price-earnings (P/E) ratio per unit growth in new investment. 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. A ________ is a need that is sufficiently pressing to direct a person to seek satisfaction. Franchising, as an alternative form of capital acquisition, offers some advantages. From extremely modest beginnings , McDonald’s now has more than 36,000 restaurants in more than 100 countries. is predictable. 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. 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. Intermediaries play an important role in matching ________. Which One Of The Following Is Incorrect About General Partners? 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 Which of the following should make a potential franchisee suspicious about a franchisor's honesty? A. Examples include financial projections, pending litigation, company leadership profiles and the franchisor’s expectations of and restrictions on franchisee operations. In most cases, the franchisee also buys supplies from the franchiser. Restaurants, hotels and oil change establishments are examples of business development franchises. This type of franchising is commonly used to market automobiles (such as Chevrolet), soft-drinks (such as Coca-Cola) … After concept testing, a firm would engage in which stage in developing and marketing a new product? To open a KFC , your net worth has to be at least $1.5 million. 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. To open a Taco Bell or McDonald's franchise, for example, you have to have at least $750,000 in liquid assets. In fact, it is hard to drive more than a few blocks in most cities without seeing a franchise business. 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. B. 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) … The consideration comprises a $25,000 upfront fee and a royalty of 4 percent of future sales. A) reseller B) supplier C) wholesaler D) retailer's creditor E) go... An attractive idea must be developed into a ________. C. 'Flat 30%' off on all merchandise at Nike exclusive stores only. A. Branson, Manson & Hanson law office B. Sam's Club C. Main St. A. … A) product idea B) product concept C) screened product D) test market E) prod... A company's channel decisions directly affect every ________. B.   Example 8. Which of the following is an essential part of being an entrepreneur? Fast food franchises like Pizza Hut, McDonald’s and Burger King are also notable examples of business format franchises. 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 … I NEED HELP ASAP!!!!! Examples of well-known franchise business models include … Frequent flyer program of Lufthansa airways that gives the customer points on each travel that can be redeemed against various other purchases. Car Wash As noted in Forbes magazine, the way of running the business has been paved for you by someone else. b) establishing performan... 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. The process of selecting one or more market segments to enter is called ________. A. Which One Of The Following Is An Example Of Franchise A Business ? Consider the following example: (a) A franchisee enters into a 10-year arrangement with a franchisor to open a restaurant location. C. 'Flat 30%' off on all merchandise at Nike exclusive … Radio Shack C. Sam's Club D. Branson, Manson & Hanson law office Weegy: Radio Shack 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. Which of the following is an example of consumer franchise building promotion? 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