<u>The franchisor does not provide the land to place the business on.
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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. The franchisee has to pay the royalty for those rights.
Justification for the correct and incorrect answer:
Land to place the business on: This option is correct.
The franchisor does not provide land in which business is placed. The franchisee can buy land anywhere, where he thinks it will attract consumer attention and profitable for him.
The name of the shop: This option is incorrect.
The franchisor allows the franchisee to use its trade name because it will increase the profitability of the business as it well known in the market.
The methods of doing business: This option is incorrect.
The franchisor also provides machinery and equipment that are necessary to carry out the operation so that the product remains standardized at every outlet.
Any necessary training: This option is incorrect.
The franchisor provides the training to the staff like how to run the machinery and provide service to the client.
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Answer details:
Grade: High School
Subject: Business
Chapter: Business Forms
Keywords: Franchisor, land to place the business on, the name of the shop, the methods of doing business, any necessary training, any necessary training, the methods of doing 4, all of the following, business forms.