What is franchising - Study guides, Class notes & Summaries

Small Business Development Centers - Local offices- affiliated with the Small Business Administration- that provide comprehensive management assistance to current and prospective small business owners Entrepreneurs - People who risk their time, money, and other resources to start and manage a business Characteristics of an Entrepreneur - Vision Self-reliance Energy Confidence Tolerance of Uncertainty Tolerance of Failure Vision - Finding new solutions to old problems; being wild...

What is entrepreneurship? - ANSWER- What are the qualities and skill needed to be an entrepreneur? - ANSWER- Who is a serial entrepreneur? - ANSWER- First Mover Advantage - ANSWER- Social Entrepreneur - ANSWER- Necessity-based entrepreneurship - ANSWER- Traits of Entrepreneurs - ANSWER- Franchise - ANSWER- Pros & Cons of Franchising - ANSWER-

AAFCS 201 Exam Study Cards questions and answers latest top score. What was the name of the first AAFC Conference? - correct answer. Lake Placid Who was the founder of FCS? - correct answer. Ellen H. Richards What cheese does not require ripping? (aging) - correct answer. Mozzarella What is the quickest way to chill food? - correct answer. large amounts of small ice Hybrid grain is produced by crossing wheat and rye - correct answer. triticale What ...

Tourism Business Structure HOSP1115 Exam Questions With Verified And Updated Answers. In the late sixteenth century, a type of tavern for commoners, serving food for a fixed price - answerAn ordinary Why were coffee houses popular in the 16th centuries? - answerSince water was dangerous to drink at the time, people drank tea and coffee instead Which city in the USA had different styles and budgets of restaurants (1848) - answerNew York City What decade did restaurant chains start appear...

Since its introduction, the pineapple has been internationally recognized as ___________ - Symbol of Hospitality In the hospitality industry, the concept of perishability means ____ - an unsold airline seat, hotel room or empty restaurant table Each of the following is a characteristics of the hospitality industry EXCEPT__________ - the service product and the guest are separate Guest calls for reservations and a guest welcome are both examples of what? - Moments of truth Which of the fol...

OTE2601 Assignment 02 Due 2024. 100% pass guaranteed.....This document contains answers for the following questions:.....QUESTION 1 Every entrepreneur has certain expectations and goals when choosing a business. 1.1 What is a close corporation in business? Give one examples. (5) 1.2 You are a Grade 7 teacher leading a discussion on the different kinds of franchising. 1.2.1 What are the issues to consider when discussing about capital requirement for a franchise (10). ...

Licensing: - Answer-An arrangement in which the owner of intellectual property grants another firm the right to use that property for a specified period of time in exchange for royalties or other compensation. Royalty - Answer-Lump sum, a "running royalty" based on the volume of products produced from the know-how, or a combination of both. Intellectual Property Rights - Answer-The legal claim through which other parties protect the proprietary assets of firms or individual from unauthori...

OTE2601 Assignment 02 Semester 1 2024. 100% pass guaranteed.....This document contains answers for the following questions:.....QUESTION 1 Every entrepreneur has certain expectations and goals when choosing a business. 1.1 What is a close corporation in business? Give one examples. (5) 1.2 You are a Grade 7 teacher leading a discussion on the different kinds of franchising. 1.2.1 What are the issues to consider when discussing about capital requirement for a franchise...

MGMT 2100, Iowa MIDTERM II ____________ approach to innovation: Making a new product or service that did not exist before. Experiential ____________ approach to innovation: Making an existing product better. Compression 5 dimensions of quality in service provision (RATER) Reliability, Assurance, Tangibles, Empathy, Responsiveness a direct tax on imported goods. (trade barriers) tariff nontax methods of increasing the cost or reducing the volume of imported goods. (trade barriers) ...

International Business Chapter 2 Questions and Answers Graded A+ What makes a company international? 1. owning a retail outlet in another country 2. Owning a manufacturing plant in another country 3. Importing/exporting internationally 4. Investing internationally International Business conducts transactions across national borders Globalization development of an increasingly integrated global economy (free trade, free flow of capital...) Pros of Expansion company growth, new ma...