Franchising is an example of a new entry strategy that increases the risk of downside loss for the franchisees.

Name: Franchising is an example of a new entry strategy that increases the risk of downside loss for the franchisees.
Brand: Quizplus
Rating: 4.9 (43 reviews)

Question

Quizplus · Accepted Answer

Franchising typically reduces the risk of downside loss for franchisees because they are investing in a business model that has already been proven to be successful, rather than starting a new, untested business.

Franchising Is an Example of a New Entry Strategy That