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A percentage of a franchise's ....... has to be paid to the franchisor on a regular basis.
Question 1:
A percentage of a franchise's ....... has to be paid to the franchisor on a regular basis.
A.
expenses
B.
losses
C.
revenue
D.
costs
These questions are from this test. Would you like to take a practice test?
Franchises | C1 – Advanced
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Some questions from the same exam
Opening your own business from ....... can be tough, so some people choose to open a franchise instead.
A franchise is an already successful business that enters into contracts with franchisees who want to .......*^*from an established brand name.
A franchisee usually gets continual support from the franchisor's ....... office.
Some people decide to open a franchise because they can operate a business under a ....... brand name right*^*from the business' inception.
Of course, the franchisee has to pay a(n) ....... set-up fee as well as continual payments based on revenue*^*that is brought in every month.
....... can operate a franchise using established brand names and logos.
Some companies are so successful that they have become ....... names. That's why some people choose to*^*invest in a franchise.
A percentage of a franchise's ....... has to be paid to the franchisor on a regular basis.
Franchisors usually promote their services and products via expensive advertising campaigns and this added*^*....... is included in the franchisee package.
In return for ....... fees, the franchisor provides continual advertising as well as constant support.*^*
Some other questions you may be interested in
Questions refer to the following e-mails and order form
To:Raquel Jenkins-
[email protected]
From:Jose Ramos - jramos.zipnet.com
Date:October 14
Subject:Defective Hose
Dear Ms. Jenkins,
Recently, I purchased 5,000 yards of XP100 industrial hosing from your company, star Products. The hosing was listed as capable of handling up to 1,000 pounds of pressure per square inch (psi). My company, Advanced Dynamic Cleaning, refitted all of our pressure washers with your hosing at considerable cost and time. Every single one of our pressure washers failed somewhere along the hosing from the joint of the gun to the compressor. Our compressors only create 500 psi, so I have to conclude that there is some defect in the design of your hose. I would like to get a refund of my purchase or a replacement of my order with hosing that meets industry standards. I have included my purchase order and a copy of the invoice.
Sincerely,
Jose Ramos
===========================
To:Jose Ramos - jramos.zipnet.com
From: Raquel Jenkins-
[email protected]
Date:October 16
Subject:Defective Hose
Dear Mr. Ramos,
We have received your report of a defective hose and reviewed the attached documents. We really value your business and hate that you went through such a waste of time and energy with our hosing. However, I am afraid to say that the mistake may be on your end. In looking over your purchase, you clearly ordered XP100 hosing X 5,000 yards. If you look at the specs for that hosing, it is only rated at appropriate for 100 psi. This could explain why all of your hosing failed. What I can offer you is an exchange of the remaining XP100 hosing in your inventory for a hosing more appropriate to your needs. We will do this at no charge and pay for the shipping as a show of our appreciation for your business. Please fill out the purchase order that I have attached and include it with the XP100 hosing when you ship it back to US for exchange.
Thank you,
Raquel Jenkins
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Why did Jose Ramos write to star Products?
What is indicated about the hosing that Jose Ramos ordered?
According to the purchase order form, how much XP100 hosing is Jose Ramos returning?
What is indicated in the e-mail from star Products?
What job does Raquel Jenkins likely have?