Which of the following is an advantage of franchising?
A) It ensures tight control over quality.
B) It enables companies to engage in global strategic coordination.
C) It involves low development costs and risks.
D) It enables the company to collect all the profits made by the franchisees.
E) It frees companies from the task of monitoring and assisting operations at franchisees.

Question

Quizplus · Accepted Answer

Franchising allows a company to expand with low development costs and risks, as franchisees typically fund and operate their own locations. This can be a significant advantage compared to opening new locations through traditional methods.

Which of the Following Is an Advantage of Franchising