Question 1

One of the very few companies that has been successful in using the exact same product world-wide is:

Accepted Answer

A) Coca-Cola 
B) McDonald's 
C) Dairy Queen 
D) Marriott Hotels 
A) Coca-Cola 
B) McDonald's 
C) Dairy Queen 
D) Marriott Hotels A

Question 2

It is expected that by the year 2010,how many of all U.S.franchisors will have foreign outlets?

Accepted Answer

A) less than 25 %. 
B) between 25 - 40% 
C) between 41 - 55% 
D) more than 55% 
A) less than 25 %. 
B) between 25 - 40% 
C) between 41 - 55% 
D) more than 55% D

Question 3

Probably the main hindrance with expanding into foreign markets is:

Accepted Answer

A) high costs 
B) government red tape 
C) labor supply 
D) lack of master franchisees 
A) high costs 
B) government red tape 
C) labor supply 
D) lack of master franchisees B

Question 4

The largest U.S.franchise restaurant system in China is

Accepted Answer

A) McDonald's 
B) KFC 
C) Wendy's 
D) Burger King 
A) McDonald's 
B) KFC 
C) Wendy's 
D) Burger King

Question 5

The future for international franchising is:

Accepted Answer

A) bright and promising 
B) promising,but uncertain 
C) difficult,but rewarding 
D) yet to be determined 
A) bright and promising 
B) promising,but uncertain 
C) difficult,but rewarding 
D) yet to be determined

Question 6

When developing franchise systems in a developing foreign country the first kind of franchises to develop in that country are:

Accepted Answer

A) domestic franchises 
B) foreign retail franchises 
C) domestic hospitality franchises 
D) foreign hospitality franchises 
A) domestic franchises 
B) foreign retail franchises 
C) domestic hospitality franchises 
D) foreign hospitality franchises

Question 7

The most common restrictions levied by a government in international trade are?

Accepted Answer

A) quotas 
B) tariffs 
C) embargo 
D) exchange controls 
A) quotas 
B) tariffs 
C) embargo 
D) exchange controls

Question 8

The least favorite method of entering foreign markets is by investing in company-owned stores in foreign countries and this is called?

Accepted Answer

A) licensing 
B) joint venture 
C) direct investment 
D) master franchising 
A) licensing 
B) joint venture 
C) direct investment 
D) master franchising

Question 9

The most common and best way of starting a franchise in a foreign country is through?

Accepted Answer

A) licensing 
B) joint venture 
C) direct investment 
D) master franchisee 
A) licensing 
B) joint venture 
C) direct investment 
D) master franchisee

Question 10

A product strategy which involves changing the product to meet local conditions and consumer demands is called:

Accepted Answer

A) product conversion 
B) product adaptation 
C) straight product utilization 
D) product invention 
A) product conversion 
B) product adaptation 
C) straight product utilization 
D) product invention

One of the very few companies that has been successful in using the exact same product world-wide is:

It is expected that by the year 2010,how many of all U.S.franchisors will have foreign outlets?

Probably the main hindrance with expanding into foreign markets is:

The largest U.S.franchise restaurant system in China is

The future for international franchising is:

When developing franchise systems in a developing foreign country the first kind of franchises to develop in that country are:

The most common restrictions levied by a government in international trade are?

The least favorite method of entering foreign markets is by investing in company-owned stores in foreign countries and this is called?

The most common and best way of starting a franchise in a foreign country is through?

A product strategy which involves changing the product to meet local conditions and consumer demands is called:

Franchising: History and Overview

Recognizing Franchising Opportunities

The Franchisor Business Plan

Franchisor Management, Organization and Administrative Policy

The Franchise Marketing Process

Selling Franchises and Marketing Research

Co-Branding

Managing the Franchisors Operations Process

Location and Site Selection

Accounting and Financial Statements: Presentation and Uses

Financial Management and Fiscal Planning Tools and Techniques

Information Systems in Franchising

Franchise Legal Documents

Trademarks, Copyrights, Patents, and Trade Secrets Stage Five: the Franchisee

Investigating Franchise Opportunities

Financing Your Franchised Business

Marketing the Franchisee Business

Managing the Franchisee Business Stage Six: the Franchiserfranchisee Relationship

The Franchising Relationship

Franchiser Support Services Stage Seven: Current Issues in Franchising

Social Responsibility and Business Ethics

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Exam 22: International Franchising

One of the very few companies that has been successful in using the exact same product world-wide is:

It is expected that by the year 2010,how many of all U.S.franchisors will have foreign outlets?

Probably the main hindrance with expanding into foreign markets is:

The largest U.S.franchise restaurant system in China is

The future for international franchising is:

When developing franchise systems in a developing foreign country the first kind of franchises to develop in that country are:

The most common restrictions levied by a government in international trade are?

The least favorite method of entering foreign markets is by investing in company-owned stores in foreign countries and this is called?

The most common and best way of starting a franchise in a foreign country is through?

A product strategy which involves changing the product to meet local conditions and consumer demands is called:

Franchising: History and Overview

Recognizing Franchising Opportunities

The Franchisor Business Plan

Franchisor Management, Organization and Administrative Policy

The Franchise Marketing Process

Selling Franchises and Marketing Research

Co-Branding

Managing the Franchisors Operations Process

Location and Site Selection

Accounting and Financial Statements: Presentation and Uses

Financial Management and Fiscal Planning Tools and Techniques

Information Systems in Franchising

Franchise Legal Documents

Trademarks, Copyrights, Patents, and Trade Secrets Stage Five: the Franchisee

Investigating Franchise Opportunities

Financing Your Franchised Business

Marketing the Franchisee Business

Managing the Franchisee Business Stage Six: the Franchiserfranchisee Relationship

The Franchising Relationship

Franchiser Support Services Stage Seven: Current Issues in Franchising

Social Responsibility and Business Ethics

Filters