Business and Labor Unit Test
6 of 176 of 17 Items
Question
Which of the following benefits do franchisees enjoy over other small business owners? Select the two correct answers.(1 point)
Responses
Franchises benefit from the successful marketing provided by franchisors.
Franchises benefit from the successful marketing provided by franchisors.
Franchises have lower start-up costs than other small businesses.
Franchises have lower start-up costs than other small businesses.
Franchises are less expensive to operate than other small businesses.
Franchises are less expensive to operate than other small businesses.
Franchises have more control over the goods and services that they provide.
Franchises have more control over the goods and services that they provide.
Franchises have a lower 5-year failure rate than other small businesses.
Franchises have a lower 5-year failure rate than other small businesses.
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The correct answers are:
1. Franchises benefit from the successful marketing provided by franchisors.
2. Franchises have lower start-up costs than other small businesses.