11. When franchising, which one of the following is not a benefit to the franchisee? a.

Question: 11. When franchising, which one of the following is not a benefit to the franchisee? a. A franchisee can avoid a high rate of failure that independent owners often face. b. A franchisee gains immediate customer recognition. c. A franchisee benefits from centralized purchasing and savings on the cost of materials and equipment. d. A franchisee retains the11. When franchising, which one of the following is not a benefit to the franchisee?
a. A franchisee can avoid a high rate of failure that independent owners often face.
b. A franchisee gains immediate customer recognition.
c. A franchisee benefits from centralized purchasing and savings on the cost of materials and equipment.
d. A franchisee retains the right to dictate conditions.
12. Which one of the following is not true about the focused network strategy?
a. Having multiple sites in different geographic locations reduces the financial risk.
b. It should be easy to replicate with rigorous control of service quality and costs.
c. Management and control of the enterprise are much simpler than in any of the other growth strategies.
d. All of above.
13. Fill in the blank in the following. A system by which a firm
(i.e. (1)) grants to others (i.e.
(2)) the right and license (i.e. (3)) to sell a product or service and, possibly, use the business system developed by the firm. a. (1) the franchiser, (2) the franchisee, (3) the franchise b. (1) the franchise, (2) the franchiser, (3) the franchisee c. (1) the franchisee, (2) the franchiser, (3) the franchise d. (1) the franchiser, (2) the franchise, (3) the franchisee
14. Large medical complexes such as the Mayo Clinic is an example of a ______.
a. focused service
b. clustered service
c. focused network
d. diversified network
15. Which one of the following is not true about the M/M/1 and M/M/c queueing model?
a. There is a single waiting line with no restrictions on length and no balking and or reneging.
b. It assumes an infinite or very large population of callers arriving.
c. Interarrvial times are assumed to follow the exponential distribution.
d. Service times could be constant.
Note – * according to the guidelines,experts can only answer the first question Answer:- 11)- Franchisees directly affect the overall level of control in business and the franchise has to work in accordance to the rules and regul…View the full answer