Exam Lesson Name: Choosing Your Business
Exam number: 700265RR
Exam Guidelines
Exam Instructions
uestion 15 of 20:
ect the best answer for the question.
An Internet search for information about franchise businesses will not help you fin
A. the number of hours you'll have to put in.
3. start-up costs.
E. support you'll receive from the parent corporation.
- the variety of franchise businesses available.
the review. pe



Answer :

Final answer:

Franchising involves purchasing the rights to operate a business model created by a franchisor, with support provided by the parent corporation.


Explanation:

A franchise is a business opportunity where an individual buys the right to operate a business using the model provided by the franchisor.

The support offered by the parent corporation includes training, supply chain assistance, and operational setup guidance.

Key considerations for franchise businesses include start-up costs, required hours of dedication, and the variety of franchise options available.


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