A major advantage of a franchise is that

Athe parent company has strict operating standards.
Bthe franchisee can launch new product lines.
Cthe parent company provides guidance on running the business.
Dthe franchisee can choose their own suppliers.

Question

27-03-2016
Business

Answered

A major advantage of a franchise is that

Athe parent company has strict operating standards.
Bthe franchisee can launch new product lines.
Cthe parent company provides guidance on running the business.
Dthe franchisee can choose their own suppliers.

Verified Answer :

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meerkat18 meerkat18 · Answer 1 · 2016-04-03T02:33:37-04:00

A major advantage of a franchise is that C. THE PARENT COMPANY PROVIDES GUIDANCE ON RUNNING THE BUSINESS.

When you franchise a business, the parent company has strict operating standards that every franchisee can follow. They must adhere to the mandates of the parent company. This is because the franchisee only bought the rights to use an existing business trademarks, brands, and propriety knowledge. Success of the franchisee is dependent on his or her compliance to the parent company's standards.

A major advantage of a franchise is that Athe parent company has strict operating standards.Bthe franchisee can launch new product lines.Cthe parent company provides guidance on running the business.Dthe franchisee can choose their own suppliers.

Verified Answer :

Related Questions

A major advantage of a franchise is that

Athe parent company has strict operating standards.
Bthe franchisee can launch new product lines.
Cthe parent company provides guidance on running the business.
Dthe franchisee can choose their own suppliers.