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- 1. Multiple Choice
100th location was build where
separate business from the brothers
across the street of san bernadino from the original
1% of the worlds population
- 2. Multiple ChoiceRay Kroc began his career in the restaurant industry as a:chief executive officersalesman
- 3. Multiple ChoiceThe McDonald brothers perfectedthe speedy system of using carhops to deliver food.the speedy service system for delivery of food quickly.
- 4. Multiple ChoiceThis is the legal right granted to an individual (or group) to operate a business as if it were part of a larger chain of stores.franchisepatent
- 5. Multiple ChoiceWhat does the franchisor provide for those purchasing the franchise?advicetrainingadvertisingall of these are provided
- 6. Multiple ChoiceOne of the most important physical elements of a retail business is:the locationthe vendors
- 7. Multiple ChoiceThe McDonald brothers felt that speed was a key element of their success. They also used specialization of labor by having 2 cooks whose sole job it was to operate the grill. The methods used by the McDonald brothers was based on the principles of:Scientific ManagementOrganizational Leadership
- 8. Multiple ChoiceNot all businesses for sale with be good prospects – some will be unprofitable.TrueFalse
- 9. Multiple ChoiceThe franchisee must follow ALL rules stated in the franchise agreement.TrueFalse
- 10. Multiple ChoiceFranchises are significantly more successful than independently owned businesses.TrueFalse
- 11. Multiple ChoiceNot all businesses for sale with be good prospects – some will be unprofitable.TrueFalse
- 12. Multiple ChoiceOf all the positive characteristics Ray Kroc possessed, which of the following was the most important to him personally? This was emphasized in the movie The Founder.Ray was creative.Ray had perseverance
- 13. Multiple Choice
while Mac is in the hospital, ray krock gives him a → brand they don' t meet the standards
true
false
- 14. Multiple Choice
McDonalds's hamburger originally was priced at → 0.15 cents
true
false
- 15. Multiple ChoiceWhat was the product that Ray Kroc was selling that lead to his “discovery” of the restaurant that he would later start franchising?ground beefmulti-mixers
- 16. Multiple Choice
This is the individual or organization selling the franchise.
franchisor
franchisee
- 17. Multiple ChoiceThis is the person or organization purchasing the franchise.franchiseefranchisor
- 18. Multiple ChoiceBuying an existing business is:about as risky as starting a new business from scratch.often less risky than starting a new business from scratch.
- 19. Multiple ChoiceWhat does the franchisor provide for those purchasing the franchise?advicetrainingadvertisingall of these are provided
- 20. Multiple ChoiceThe franchisee must follow ALL rules stated in the franchise agreement.TrueFalse
- Answer choicesTagsAnswer choicesTags