Mark the incorrect option in relation of franchising:
A. The franchiser has to provide initial financial assistance and support in the form of staff training, advertising etc.
B. there is a risk of trade secrets getting leaked out in the foreign market. The leakage may cause serious losses.
C. There is no impact on franchiser’s business out of franchisee’s activities
D. There is a danger that the franchisee may start an identical business with slightly different brand name.
Answer:C
Mark the incorrect option in relation of franchising:
A. The franchiser has to provide initial financial assistance and support in the form of staff training, advertising etc. B. there is a risk of trade secrets getting leaked out in the foreign market. The leakage may cause serious losses. C. There is no impact on franchiser’s business out of franchisee’s activities D. There is a danger that the franchisee may start an identical business with slightly different brand name.