ELE 3010 EXAM 5 QUESTIONS AND
ANSWERS 100% SOLVED | GRADED A+
what percent of businesses make it to the third generation - ✔✔12%
The concept that "the whole is greater than the sum of its parts" is known
as: - ✔✔Synergy
strategies that involve developing and selling new product to people who
are already purchasing the firms existing products - ✔✔Product
Development
Which statements about capital requirements in franchising is NOT true? -
✔✔the franchisee has to spend resources to establish the credibility of the
business
A computer company buys a hard-drive manufacturer - ✔✔backwards
integration
Franchising opportunities have often evolved from changes in the
environment as well as important social trends. This is not one of the
factors responsible: - ✔✔acceptance of different cultures(health, second
baby boom, environment)
1
©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.
ANSWERS 100% SOLVED | GRADED A+
what percent of businesses make it to the third generation - ✔✔12%
The concept that "the whole is greater than the sum of its parts" is known
as: - ✔✔Synergy
strategies that involve developing and selling new product to people who
are already purchasing the firms existing products - ✔✔Product
Development
Which statements about capital requirements in franchising is NOT true? -
✔✔the franchisee has to spend resources to establish the credibility of the
business
A computer company buys a hard-drive manufacturer - ✔✔backwards
integration
Franchising opportunities have often evolved from changes in the
environment as well as important social trends. This is not one of the
factors responsible: - ✔✔acceptance of different cultures(health, second
baby boom, environment)
1
©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.
