One Who Runs and Operates More Than One Franchised

1. The document outlines a midterm quiz for a franchising course that includes fill-in-the-blank and essay questions. 2. The fill-in-the-blank section tests knowledge of key franchising concepts like the franchise advisory council, franchisor responsibilities, the role of policies, planning functions, organizing functions, and more. 3. One essay question asks to explain the functions of management in a franchising context, noting that management involves planning, regulation, and fulfillment of purposes through various dynamic activities and elements.

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One Who Runs and Operates More Than One Franchised

Uploaded by

CHARRYSAH TABAOSARES

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Download as DOCX, PDF, TXT or read online on Scribd

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Due: Oct 5

MIDTERM QUIZ 1
I- Fill in the blank. Submit on Monday, October 5, 2020 @ 5:00PM

1. THE FRANCHISEE ADVISORY COUNCIL is not only means for improving franchisee
relations. It provides the opportunity for franchisees to work with and provide
counsel to a franchisor.
2. THE FRANCHISOR responsible for identifying and explaining the vision of the
franchise system.
3. POLICIES guide operations work activity, assist in coordination of efforts across
functional lines and areas of the business, and help reduce conflict between
individuals and units.
4. POLICIES provide statements about certain areas of the business and how these
areas should be addressed in order to achieve the overall franchise objectives.
5. PLANNING FUNCTIONS concerns formulation of the franchise's goal and
objectives and overall policies for internal operation.
6. THE ORGANIZING FUNCTION addresses the structural requirements of the firm,
identifying jobs by functional or divisional arrangement, with associated authority
and responsibility for each division.
7. PLANNING helps the franchisor stay abreast of what is currently happenings in
the business by providing continual feedbacks.
8. FRANCHISE BROKER generally work for several franchisors at the same time and
provide information to prospective franchisees concerning many franchising
opportunities.
9. STRATEGIC DEVELOPMENT focused around the vision of the franchisor, plus the
product and services that the franchisor will provide.
10. MULTIUNIT FRANCHISEE one who runs and operates more than one franchised
unit.

II- Essay

1. Explain the functions of management in a franchising context.

 Management has been described as a social process involving responsibility

for economical and effective planning & regulation of operation of an
enterprise in the fulfillment of given purposes. It is a dynamic process
consisting of various elements and activities. These activities are different
from operative functions like marketing, finance, purchase etc. Rather these
activities are common to each and every manager irrespective of his level or
status.

2. Why are quality and quantity controls of such important in franchised firms?

 Quality control processes help your business avoid situations that cause harm to
customers and lead to expensive liability claims and lawsuits. If your business makes
machinery, quality control standards reduce the mistakes and inconsistencies that
could make these machines unsafe.