Past Exam for BUS 231 - Starting A New Business with Clarke at College of the Sequoias (COS)

Exam Information

Material Type:Exam
Class:BUS 231 - Starting A New Business
University:College of the Sequoias
Term:Spring 2010
  • Franchise Agreement
  • Facilities Layout
  • Provided That
  • The Independent
  • Relationship
  • Combination
  • D. All of the Above
  • Prospective
  • Substitute Products
  • Differences
Login / Sign Up to View Document
Preview Page 1Preview Page 2Preview Page 3Preview Page 4Preview Page 5Preview Page 6

Sample Document Text

CHAPTER 5 FRANCHISING TRUE/FALSE 5.1 The first important use of product franchising involved the Singer Corporation. Answer: T 5.2 Because of the mark-up charges by the franchiser, the cost of materials and supplies are always higher than what the franchisee would pay on the open market. Answer: F 5.3 Due to the interest the franchiser has in the success of its franchised units, it frequently puts considerable emphasis on helping the units make operational improvements. Answer: T 5.4 One of the problems that franchisees often must deal with is an unrealistic set of expectations regarding the likelihood of success of their unit. Answer: T 5.5 The evaluation of whether to buy a franchise need not involve self-examination of interests because the franchiser will notice any problems of this nature and warn you about them. Answer: F 5.6 Library research is likely to be an important part of any investigation into whether to buy a franchise. Answer: T 5.7 An important source of franchises available for purchase is t...

Related Documents

Convention and Visitors Bureaus (cvbs) Notes
Corporation Exam
Internal Control Exam
New Product Line Exam
Creative Concept Exam
Shirt Manufacturer Exam
Closing the Sale Exam
S Corporation Exam
S Corporation Exam
Corporation Exam
Provided That Exam
Seamster Co Exam
Process Inventory Account Exam
Marginal Revenue Product Exam
Period Cost Exam
Period Cost Exam
155, "/var/app/current/tmp/"