All categories

4 years ago

Cody Barnett enjoys several advantages as a Sonic franchisee. Which of the following is NOT an advantage of franchising?

Business

2 answers:

Alenkasestr [34]4 years ago

7 0

<u>Option E is correct. The management regulation is not an advantage of franchising.</u>

Further Explanation:

Franchise: 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 advantages of the franchising are:

• Marketing and Management assistance: The training is provided by the franchisor to the franchisee on how to carry on the business and also provide marketing assistance.

• Personal ownership: The franchisee is the owner of the business in the territory of which is he /she purchased the rights. He pays the royalty for the right purchased

• Nationally recognized name: The franchisor's business usually has a global presence, so it is nationally recognized.

• Financial advice and assistance: The franchisor provides financial assistance and advice to the franchisee so that the business can maintain its brand name.

• Lower failure rates: Since the franchise has a global presence and brand position, so chance of failure is lower.

<u>Therefore, the management regulation is not a benefit of franchising because the franchisee cannot change the way management is being done, although the business is owned by the franchisee. </u>

Learn more:

1. Learn more about the management resource activity

brainly.com/question/10700933

2. Learn more about the management charactistics

brainly.com/question/10649225

3. Learn more about customer relationship management

brainly.com/question/6657146

Answer details:

Grade: High School

Subject: Business

Chapter: International business

Keywords: Cody Barnett, Sonic franchise, management assistance, personal ownership, lower failure rate, management regulation, nationally recognized name.

solong [7]4 years ago

3 0

Management regulation is not an advantage of franchising

When a larger company gives another firm a license or a permit to use their intellectual property such as brand name, trademark, designs, and others, it is a common practice called franchising

<h2>Further Explanation</h2>

It is simply an agreement between two business partners, whereby a manufacturer allowed another firm or individual, the rights to make use of its brand name, trademark, and designs

In franchising, the company that gives a license to another firm is known as the franchiser whiles the entity or individual that is allowed to use the company intellectual property is known as the franchisee

The franchisee obtains a franchise from the franchiser by paying a certain amount of money as a startup fee and the franchiser on its part also provides necessary training and guidance to the franchisee regularly. One of the common practices among the larger company is franchising as it promotes business expansion.

Some of the advantages of franchising include

It widens the business network of the franchiser
It enables franchisers to expands its distribution chain within a short period
It gives feedback to franchisers concerning how popular their products are performing in the market, what the customers want and many more

Some characteristics of franchising include

Policies
Training
Royalty
Limited period
License

LEARN MORE:

Management regulation brainly.com/question/11237752
What are the advantages and disadvantages of investing in a franchise for both the franchisee and franchisor brainly.com/question/1780353

KEYWORDS:

franchising
advantage
franchisee
management regulation
agreement

You might be interested in

New Jersey Valve Company manufactured 7,800 units during January of a control valve used by milk processors in its Camden plant.

yuradex [85]

Answer:

Answer is given in the attachment.

Explanation:

5 0

4 years ago

Having something classified as industrial waste rather than municipal solid waste can be beneficial for a business because _____

Neko [114]

Having something classified as industrial waste rather than municipal solid waste can be beneficial for a business because industrial waste is not regulated by the federal government and local governments may not be as strict in the safety requirements making disposal cheaper.

<h3>What is industrial waste?</h3>

Industrial waste is the term that is used to refer to all forms of waste that may be gotten from the daily processes that go on in companies in the in production and service delivery.

There are laws that guides such types of waste disposals in the country. During the factory process of milling and all forms of processing they are those materials that may be regarded as useless which cannot be used in the final process.

Read more on industrial waste here: brainly.com/question/8281536

#SPJ1

7 0

2 years ago

If a payment cap is applied and the required payment does not cover the interest expense, the unpaid interest is added to the lo

spin [16.1K]

The condition when a payment cap is applied and the required payment does not cover the interest expense, the unpaid interest is added to the loan thereby increasing the loan balance even though the required payment is being made, is known as a negative amortization.

<h3>What is negative amortization?</h3>

A condition where the amount owed by an individual keeps adding even after the repayments are done is known as negative amortization.

Such condition of a negative amortization arises as the amount being repaid does not fully or partly cover the interest amount.

Hence, the significance of negative amortization is aforementioned.

Learn more about negative amortization here:

brainly.com/question/22232264

#SPJ1

6 0

2 years ago

According to path-goal theory, _____ are similar to initiating structure and include setting goals, showing subordinates how to

Oduvanchick [21]

Answer:

directive behaviors

Explanation:

Path-goal theory is a theory developed on the concept of leadership.

It believes that when the leader that is the management follows a directive behavior that is it straight away provides guidance about the responsibility of the job, the nature of work to be done and the method of doing such job, then it automatically creates a aim and objective of the work done.

Directive behavior influences lower management about the technique of doing job early and that the work is done in the manner defined.

This itself aims at descriptive in nature, along with being directive.

6 0

3 years ago

Commercial paper investments are ___. (Select all that apply.)

Nataly [62]

Answer: Less than one year, guaranteed returns , and a money market product

What I put for my answer think its right

Explanation:

7 0

3 years ago