An evaluation of franchising would conclude that this type of arrangement:
A)has little chance of success outside the United States because many foreign countries do not allow such arrangements.
B)has become the dominant form of business organization in Canada because it has many advantages and almost no disadvantages.
C)appeals to people who want to own a business,but are not comfortable starting a company from scratch.
D)has a much higher risk of failure than independent companies.

Question

Quizplus · Accepted Answer

Franchising appeals to people who want to own a business but are not comfortable starting a company from scratch. Franchising provides the advantage of having an established brand, proven business model, and support from the franchisor while still allowing some degree of independence as a business owner. The success rate for franchise businesses is generally higher compared to independent businesses because of the support and resources provided by the franchisor. However, the success rate still depends on various factors such as the location, market demand, and the individual's ability to run the business effectively.

An Evaluation of Franchising Would Conclude That This Type of Arrangement