Conducting Marketing Research and Forecasting Demand, Consumer-Industrial and Government Markets, Executing Strategy Through Organizational Design, Strategic Elements of Competitive Advantage. Frequent flyer program of Lufthansa airways that gives the customer points on each travel that can be redeemed against various other purchases. A) fast-food restaurants such as McDonald's and Burger King B) Starbucks operating within Target stores C) Ford and its network of independent franchised dealers D) licensed bottlers that bottle and sell Coca-Cola to retailers An attractive idea must be developed into a ________. A) reseller B) supplier C) wholesaler D) retailer's creditor E) go... An attractive idea must be developed into a ________. Which of the following is an example of consumer franchise building promotion? The answer is "C. Radio Shack".. A franchise is a kind of license that a party (franchisee) gains to enable them to approach a business' (the franchiser) exclusive learning, procedures, and trademarks so as to enable the gathering to move an item or give an administration under the business' name. It is hard to drive more than a few blocks in most towns without seeing a franchise business. Where implemented, a franchisor licenses its know-how, procedures, intellectual property, use of its business model, brand, and rights to sell its branded products and services to a franchisee. What best exp ... What is the role of the Federal Open Market Committee (FOMC)? The Franchise Disclosure Document, or FDD, contains all the information you’ll need to make an informed decision on whether to invest. might go down. Franchise Direct has compiled its ranking of the Top 100 … A. Consider the following example: (a) A franchisee enters into a 10-year arrangement with a franchisor to open a restaurant location. Fast food franchises like Pizza Hut, McDonald’s and Burger King are also notable examples of business format franchises. After concept testing, a firm would engage in which stage in developing and marketing a new product? B)An offer of direct financing of a specific element of the franchise package. Which of the following is an example of consumer franchise building promotion? A. Branson, Manson & Hanson law office B. Sam's Club C. Main St. _______ are visual representations of consumer perceptions and preferences. Franchising, as an alternative form of capital acquisition, offers some advantages. Car Wash The marketing control process consists of a) establishing goals, market scanning, and market share analysis. A. A) Procedural maps B) Brain maps C) Perceptual maps D) P... After concept testing, a firm would engage in which stage in developing and marketing a new product? Which of the following is an example of a franchise? A. Tim Hortons B. Which of the following is an essential part of being an entrepreneur? A ________ is a need that is sufficiently pressing to direct a person to seek satisfaction. might go down. B) A U.S-based quick-service restaurant gives rights to another business to use its entire business system in exchange for compensation and … These include franchise fee expense, franchise royalties and goodwill. Which of the following is not an advantage to buying a franchise… B. User: Which of the following is an example of a franchise? There are many types of franchises, that can be categorized according to different factors, like investment level, franchisor’s strategy, operations, marketing and relationship models, etc. This type of franchising is commonly used to market automobiles (such as Chevrolet), soft-drinks (such as Coca-Cola) … If you are not satisfied with the answer or you can’t find one, then try to use the search above or find similar answers below. General Motors C. Ford D. Coke. A) market targeting B) market dominance C) market p... ______ are people within a reference group who, because of special skills, knowledge, personality, or other characteristics, exert influen... _______ are visual representations of consumer perceptions and preferences. Which of the following is an example of franchising? B) A U.S-based quick-service restaurant gives rights to another business to use its entire business system in exchange for compensation and … The process of selecting one or more market segments to enter is called ________. chinggay_0118|Points 831| User: Of these types of businesses, which one requires the most drive and motivation? One of the main disadvantages of buying a franchise is that you may end up A. feeling like an employee. Fast food restaurants are good examples of this type of franchise. The process of selecting one or more market segments to enter is called ________. A franchise (or franchising) is a method of distributing products or services involving a franchisor, who establishes the brand’s trademark or trade name and a business system, and a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor's name and system. E. A premium by Kellogg's that provides the customer with 'Zip Zap toy' along with the purchase of a 200gm pack of 'Kellogg's Chocos'. In this type of agreement, it is not uncommon for franchisors to reduce the franchise fee for locations the franchisee is scheduled to open later on in the development schedule. A. Banding B. Grouping C. Binding D. Clustering ... You have been studying processors. ... Only authorized users can leave an answer. B. A continuing relationship between two parties B. 11 Student: _____ 1. A)Claims that the franchise contract is a standard agreement and that there is no need to read it or have an attorney look it over. 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