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PIT_PIT [208]
3 years ago
9

Joseph runs a popular cafeteria chain. He currently has three branches in the city. He plans to enter a franchise contract with

another business. Joseph, the franchisor, plans to allow the franchisee to use the cafeteria’s logo and trademark. Further, Joseph plans to provide training to the franchisee’s staff to make sure that it provides the kind of customer service that the cafeteria is famous for. Joseph is going to help the franchisee understand the specific work processes and management techniques of his business. As a franchisor, Joseph will also be providing legal support to the franchisee. Which franchise model does Joseph’s business plan follow?
A. management franchise

B. business format franchise

C. trademark franchise

D. product distribution franchise
Business
1 answer:
vekshin13 years ago
3 0

Answer:

B. business format franchise

Explanation:

Under the business format model, the franchisee adopts the entire business operating systems of the franchisor. It means that the franchisee uses the franchisor's trademark, plans, and procedures. Goods and services offered by the franchisee will be identical and will bear the same prices as those of the franchisor.

Joseph plans to operate a business format model of a franchise. The franchisee will have to meet Joseph's standards of operations. For that to happen, Joseph must provide the following.

  1. Initial training
  2. Standardize build-out plans
  3. Operations manuals
  4. Continuous support
  5. Point-of-sale system education
  6. Key functionalities

Joseph has a responsibility to ensure the franchisee adhere to the standards agreement. It means he will have a supervisory role in management for the franchisee.

In return, Joseph will be earning commissions from each franchisee based on the income of each of them.

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stepan [7]

Answer:

C) Product

Explanation:

There is fours Ps in the marketing mix

A. Place: The place denotes the location at which the product is sold and buyed

B. Price: The price is the key element of the product without which the product is not sold or even bought. Through knowing the price of the product, customers are able to purchase the product

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Timothy was driving his friend Nick to football practice. While driving, he was hit by a driver who had coverage of 100/300/50.
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Answer:

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Explanation:

The auto liability insurance policy held by the driver is an example of a split limit liability insurance. The split limit insurance of 100/300/50 is explained thus:

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4 years ago
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saw5 [17]

Answer:

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7 0
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Any change in Aggregate Demand will have what effect in the Long-Run Classical Macroeconomic Equilibrium Model?
Anarel [89]

Answer: Only change the Aggregate Price Level

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Jack was invited to lunch by his supervisor to discuss his annual performance evaluation. As Jack was walking to the restaurant,
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7 0
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