(Solved) Joe is very confident about his purchase of a franchise from a well-known full-s

goji.go

wrote...

Go to Answer

Posts: 5977

Rep:

11 years ago

Joe is very confident about his purchase of a franchise from a well-known full-s

Joe is very confident about his purchase of a franchise from a well-known full-service restaurant company. What is one of the things he MOST likely did before he bought the franchise?
A) spent months researching the franchisor's background and track record
B) developed a menu of innovative dishes that would differentiate his restaurant from competitors
C) came up with a unique plan to streamline the daily operations of the franchise
D) trained staff to help him run the business
E) hired a designer to design the restaurant's layout and decor

Read 4474 times

2 Replies

Report

Diesel

Replies

bbb

wrote...

11 years ago

A) Joe's ultimate success depends on choosing the right franchise for his situation and learning everything he can about the business he is purchasing. Therefore, one of the most important things Joe could have done was to thoroughly research the franchise company. Preparing an innovative menu would be unnecessary, since the franchise company would require that Joe offered their standard menu items. Joe also would not need to develop his own plan of operations, since the franchise provides well-established methods of operation that Joe is expected to follow. Finally, Joe would not be in a position to hire or train any staff unless he had already bought the franchise, so it is unlikely that he would train staff prior to purchase.

Report

Answer accepted by topic starter

goji.go Author

wrote...

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.

Joe is very confident about his purchase of a franchise from a well-known full-s

Related Topics