Question

Which of the following is NOT a reason why individuals may be tempted to buy a franchise business rather than develop their own independent business?a. the individual can try his or her own personal innovative product and service ideas inthe businessb. to obtain a well-known product or service namec. management training requirementsd. the business’s established imagee.existence of product uniformity standards

Answer 1

Answer:

A) the individual can try his or her own personal innovative product and service ideas in the business

Explanation:

When someone buys a franchise, they obtain a well known product or service which has to be uniform throughout all the existing franchises. Therefore an individual franchise cannot start to offer their own products or services, e.g. all Burger King restaurants should offer the same menu or at least the same regional menus. When you buy a franchise, you are buying an established business concept.