Franchising Test Bank

This Franchising test bank contains 75 different multiple-choice questions. All questions will evaluate following learning objectives of the topic:

1 Explain franchising and how this form of business ownership works.
2 Describe steps entrepreneurs can take to establish a franchise system.
3 Become familiar with the advantages and disadvantages of establishing a franchise system.
4 Describe actions and issues associated with a decision to buy a franchise.
5 Explain the steps an entrepreneur goes through to buy a franchise.
6 Identify and explain the various legal aspects associated with the franchise relationship.
7 Discuss two additional issues—franchise ethics and international franchising—entrepreneurs should think about when considering franchising.

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