Franchising & Factoring: Commerce Quiz

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Franchise & factoring basics

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sai shree v

India

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Franchising & Factoring: Commerce Quiz


Froggy Jumps Franchising & Factoring: Commerce QuizVersion en ligne Franchise & factoring basics par sai shree v 1 What is franchising in emerging service business in India? a A business model with two parties where a franchisor licenses a brand b A joint venture between two banks c A single owner operating multiple stores without a brand 2 Who are the two parties in franchising? a Supplier and customer b Employee and employer c Franchisor and franchisee 3 Name a key characteristic of franchising. a Brand rights and standardized operations b High-risk capital only c No guidance or training 4 Two main types of franchising a Online and offline franchising b Product franchise and business format franchise c Retail and wholesale franchising 5 Which is an advantage of franchising? a Rapid expansion with less capital risk b Complete independence from franchisor c No royalty fees 6 Which is a disadvantage of franchising? a 100% autonomy in decisions b Loss of some control over brand and system c No need for training or support 7 Factoring means? a Sale of accounts receivable to a factor for cash b A type of loan secured by real estate c A form of equity investment in business 8 What is the basic process of factoring? a Seller delivers invoices to factor who gives immediate cash b Seller borrows from bank and repays with interest c Seller issues shares to factor 9 Four types of factoring include which of the following? a Domestic, International, Peer-to-Peer, Bank-only factoring b Forward, Futures, Options, Swaps factoring c Recourse, Non-recourse, Advance, Maturity factoring 10 Factoring vs forfaiting: typical difference? a Forfaiting is domestic only, factoring is export b Both are identical in scope c Factoring is short-term, domestic; forfaiting is export/medium-long term 11 The owner of a business who provides the franchise is called □. a Customer b Franchisor c Franchisee 12 The person who acquires the right to operate the business is called a Franchisor b Factor c Franchisee 13 Who is the franchisor in a franchise agreement? a Franchisor’s customer b A third-party investor c Owner who provides the franchise rights 14 What does a franchisee typically receive from the franchisor? a Ownership of the parent company b Right to operate under the brand and system c Exclusive ownership of the trademark forever 15 Which is a key feature of Business Format Franchising? a Complete package including training and support b Only selling the product c No training or support 16 What is the main difference between Product/Ttrade Name and Business Format franchising? a No brand use allowed b Both are the same c Product focus vs. entire business system 17 Which item is NOT a typical advantage of franchising? a Unrestricted freedom in product changes b Business expansion c Reduced risk 18 What does factoring primarily involve? a Issuing shares to investors b Selling receivables to a financial institution c Borrowing from a bank without collateral 19 Who is the factor in factoring? a The customer b The financial institution that purchases receivables c The original seller’s supplier 20 What is a key feature of factoring? a Cash advances against accounts receivable b Exclusive distribution rights c Ownership of the business 21 What is 'without recourse' factoring? a Factor bears the credit risk for debtors b Seller bears all risk c There is no risk involved 22 Which type of factoring involves export receivables? a Maturity Factoring b International Factoring c Domestic Factoring

Franchising & Factoring: Commerce Quiz

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Franchising & Factoring: Commerce QuizVersion en ligne

par sai shree v

What is franchising in emerging service business in India?

Who are the two parties in franchising?

Name a key characteristic of franchising.

Two main types of franchising

Which is an advantage of franchising?

Which is a disadvantage of franchising?

Factoring means?

What is the basic process of factoring?

Four types of factoring include which of the following?

Factoring vs forfaiting: typical difference?

The owner of a business who provides the franchise is called □.

The person who acquires the right to operate the business is called

Who is the franchisor in a franchise agreement?

What does a franchisee typically receive from the franchisor?

Which is a key feature of Business Format Franchising?

What is the main difference between Product/Ttrade Name and Business Format franchising?

Which item is NOT a typical advantage of franchising?

What does factoring primarily involve?

Who is the factor in factoring?

What is a key feature of factoring?

What is 'without recourse' factoring?

Which type of factoring involves export receivables?