a franchisor can control all of the following except
If there is a hearing, the franchisor has the burden of proof. e.fast and selective distribution of products. This agreement likely includes: D) Optimism. inadequate financing. A business arrangement wherein an individual pays a larger company for the rights to use their name and general business plan. a. @ Prices of products sold. A franchisee can file a protest of the final denial of a warranty claim following a franchisor's appeal process within 6 months after receipt of the written notice. Investment costs related to franchising include all of the following except a. insurance premiums and legal fees. Franchising is a form of business where the franchisor (who has an established brand name) gives the right to the franchisee to use its trademark, products, services, and also provide training and assistance for operating the business. On-site management. The Code applies to conduct occurring on or after 1 January 2015 1 in relation to a franchise agreement entered into, renewed, extended or transferred . A. franchisee B. district developer C. franchisor D. city council. (D) to escape limited domestic growth opportunities. a. c) greater control over production and marketing. A manufacturer or distributor cannot chargeback a dealer on day 44 or before, or after day 91. The most significant advantage of a franchise is the increased probability of ________, given that franchise brands have positive track records and instant recognition in most communities. Franchising offers all of the following advantages EXCEPT _____. An ongoing problem of franchising is that when franchisees gain experience , they may start to feel that they should not be paying the various fees to the franchisor . to avoid liability under the doctrine of respondeat superior. Which of the following is not a benefit to the franchisor in a franchise agreement? A) Success. ANS: PTS: 1 REF: p. 113 OBJ: 4-2 TYPE: C NAT: Analytic | Ethical and Legal 30. A franchisor is the person to whom the franchise is granted. The franchisor provides all of the following services EXCEPT _____. C. The managers of nonprofit organizations conduct all kinds of business operations except collecting funds. True. False False 29. But if a protest is filed prior to a chargeback, then the franchisor cannot chargeback the dealer during the above time . . 4 all of the following are advantages of franchising 4- All of the following are advantages of Franchising except : a) Probability of success b) Training c) Loss of independence d) Operating benefits c) Loss of independence The business arrangement, otherwise called a franchise opportunity, has three major components that constitute the essence of what . The major forms of business organizations in the United States include all of the following except: _____. The franchisor does not provide the land to place the business on. 2 d.no involvement in national advertising campaigns. Uploaded By tayjones. A benefit to the use of a fully integrated vertical marketing system is____. People , possession , and information - based services have strikingly similar requirements on an international distribution strategy . To reduce costs, a franchise consultant can substitute for a licensed attorney experienced in theevaluation of legal documents related to franchising agreements. to maintain a certain level of food quality. e. a logo. Code § 3065.1 (g) (6)) In summary, days 45-90 are the only days to chargeback a dealer for franchisor incentive program claims. D Question 9 2 pts A franchisor can control all of the following of its franchisees except: Types of products sold. Further Explanation: Franchising is a form of business where the franchisor (who has an established brand name) gives the right to the franchisee to use its trademark, products, services, and also provide training and assistance for operating the business. Benefits of becoming a franchisee include all of the following items except a. An entity or individual that grants another party the right to conduct business according tospecified methods and terms is known as a Franchisor Franchisor 28. the franchisee is required to pay, or has agreed to pay, a fee to the franchisor (or its associate) before starting or continuing the business, which may be: an initial capital investment fee a payment for goods or services a fee based on a percentage of gross or net income a training fee or training school fee. a. Benefits of becoming a franchisee include all of the. guaranteed level of profitability. Pages 9 Ratings 71% (14) 10 out of 14 people found this document helpful; c) Loss of independence. D. The marketing team handles all activities concerned with obtaining money for the firm and using it effectively. Barry M. Block. A small business structure wherein the owner puts up their own capital and has complete control over all operational decisions. Franchisors can often control pricing by their U.S. franchisees within certain limits if the . 4- All of the following are advantages of Franchising except : a) Probability of success b) Training c) Loss of independence d) Operating benefits. b.gains from franchisee's high motivation. A franchisor is in control of the daily operations of a much larger business. All of the following are reasons a franchisor may wish to maintain some degree of control and supervision over the franchisee, except. to establish certain standards for a facility. C. A single plan is used to direct the tactical assignments with the Operations Section. B) Failure. The Code has the force of law and is binding on franchising participants. Technically, the contract binding . (B) to leverage core competencies in new markets. 65. b. E. The senior management is not involved in the day-to-day functions of production and manufacturing. It deprives the franchisor of absolute control over his or her business. Question 3 45 seconds Q. b. A sole proprietorship is a form of business organization in which the owner is in sole control of profit and _____. the franchisor can terminate it, but must give sufficient. 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. Guaranteed level of . (C) to operate within government restrictions in the local country. If the object of the partnership may not be completed in ___, the partnership must be in writing. The disclosure statement provided to a prospective franchisee must contain all of the following information except a. franchisor's finances. All of the following are reasons a franchisor may wish to maintain some degree of control and supervision over the franchisee, except to protect the franchise's name and reputation. Legitimately, a firm may pursue an international strategic alliance for all of the following reasons EXCEPT: (A) to enhance the compensation packages of top managers. Audits of Franchisee Warranty . Franchises are becoming less expensive to fund. 10. to protect the franchise's name and reputation. b. other franchisee's employees and management. A) One advantage of an export strategy is the ability to test the international waters before having to commit substantial sums to establishing operations in foreign countries—the amount of capital required to begin exporting is frequently quite minimal. More franchises are opening outside the United States. . Salaries to employees Corporate structure pts Question 10 Sherman, Benjamin and B.J. On the off chance that . Franchisees are able to negotiate better pricing than franchisors. C. achieving lower costs through economies of scale, experience, and increased purchasing power. c. methods of operation of the business. All of the following are functions of money, except. answer. The Franchisor provides all the following Except. Question 47 All of the following are advantages to the franchisorexcept a.raising of money and capital for expansion of their product. To control costs when purchasing a business, an attorney at the closing can represent both sides. E) None of the above is a type of franchising. A franchisor can handle a larger, more complex business. . Protest of Final Denial of Warranty Claim following a Franchisor's Appeal Process. Justification for the correct and incorrect answer: School Fullerton College; Course Title BUS 180; Type. B) Exporting carries the risk of being vulnerable to adverse shifts in currency exchange rates. b. experience in the market. In exchange for an ownership share, small businesses receive financing from a group of investors known as _____. 20 . The suppliers of goods and services are not all the same size. Salaries to employees Corporate structure pts Question 10 Sherman, Benjamin and B.J. False. Greg buys a McDonald's franchise. True. @ Prices of products sold. B. When a disclosed principal authorizes an agent's transaction with a third person, the principal and the third person may each sue the other in the event of a breach of the contract. corporation, partnership, sole proprietorship . Employee mobility is difficult. are physicians and form an LLP Sherman is in charge of supervising Frank a new physician. 10.As part of a new franchise agreement, the franchisor provides quarterly training of the franchisee's employees, periodic promotion of the franchisee's weekly specials, annual seminars for the franchisee's key personnel, as well as allowing the franchisee to utilize the franchisor's name and logo. Span of control refers to: A. More franchises are opening outside the United States. . Law360, New York (December 19, 2013, 6:36 PM EST) --. None of these statements accurately defines a franchise. Franchisees determining their own pricing and marketing. The franchisee has to pay the royalty for those rights. A major reason for success of franchising is that the franchisor can use all of the following from the franchisee EXCEPT for the franchisee's: . The franchisor specifies the methods and terms of conduct and grants business privileges to the . All of the following are restrictions on competition in the American system of capitalism, except. c. Knowledge of market conditions is hard to achieve. C) Popularity. B. spreading its business risk across a wider market base. December 19, 2013, 6:36 PM EST. on site-management. D. Communication equipment, procedures, and systems can operate together during a response. The reasons why a company opts to expand outside its home market include all of the following EXCEPT: A. gaining access to new customers for the company's products/services. C) Inclusive franchising. A franchisee acquires rights to all of the following, except : a. national advertising by the franchise. Many businesses fail during the early years because of _____. d. a name. Personnel from different jurisdictions can all perform the same tasks using the same protocols. Loss of autonomy/independence: For certain individuals, quite possibly the most genuine impediments of turning into a franchisee is loss of freedom. to maintain a certain level of food quality. are physicians and form an LLP Sherman is in charge of supervising Frank a new physician. Members of a general partnership have a ___ relationship to each other; that is, each owes the other due care in actions associated with the partnership. Franchising offers all of the following advantages EXCEPT. Transcribed image text: D Question 9 2 pts A franchisor can control all of the following of its franchisees except: Types of products sold. True or false: A general partnership is considered a legal entity. to avoid liability under the doctrine of respondeat superior. a. The Franchising Code of Conduct is a mandatory industry code that applies to all of the parties to a franchise agreement. a) higher investment requirements b) greater profitability due to franchising c) greater control over production and marketing d) increased sales due to less market penetration. 2. c.assurance of how the stores will be maintained and operated. A franchisor employs fewer direct employs. d. The franchisee is completely dependent on the franchisor for funding. Test Prep. A franchisor can make better buying deals because of quantity purchases. to establish certain standards for a facility.