ELE 3010 QUIZ 5
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)
The strategy for growth in which the firm encourages existing customers to buy more of
the firm's current product is... - ✔️✔️penetration strategy
One method of expanding a business is the purchase of an entire company or part of it
so that the entity is completely absorbed and no longer exists as a separate company: -
✔️✔️an acquisition
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
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)
The strategy for growth in which the firm encourages existing customers to buy more of
the firm's current product is... - ✔️✔️penetration strategy
One method of expanding a business is the purchase of an entire company or part of it
so that the entity is completely absorbed and no longer exists as a separate company: -
✔️✔️an acquisition
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
