Practicing Success
Assertion: Business format franchise opportunity is the most popular form of franchising. Reasoning: In this approach, a company provides a business owner with a proven method for operating a business using the name and trademark of the company. |
Both Assertion (A) and reasoning (R) are correct and R is the correct explanation of A.
Both Assertion (A) and reasoning (R) are correct and but R is not the correct explanation of A. Assertion (A) is true but Reasoning (R) is not correct.
Assertion (A) is not true but Reasoning (R) is correct.
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Both Assertion (A) and reasoning (R) are correct and but R is not the correct explanation of A. |
Business format franchise opportunity: This is the most popular form of franchising. In this approach, a company provides a business owner with a proven method for operating a business using the name and trademark of the company. The company usually provides a significant amount of assistance to the business owner in starting and managing the company. The business owner pays a fee or royalty in return. Typically, a company also requires the owner to purchase supplies from the company. |