asked 134k views
1 vote
An advantage of which of these tactics is that there is a shorter start-up time and an existing track record?

A. Greenfield investment
B. Franchising
C. Merger
D. Joint venture

asked
User Dilsingi
by
8.3k points

1 Answer

1 vote

Final answer:

Franchising offers the advantage of a shorter start-up time and an existing track record due to the established brand name and systems provided by the franchisor.

Step-by-step explanation:

The advantage of a shorter start-up time and an existing track record is associated with B. Franchising. Franchising allows for an easy to start business model where the franchisee leverages the well-respected brand name and established systems of the franchisor. The franchise fee and ongoing royalty payments grant the franchisee the right to operate under the franchisor's successful business model, which usually includes support in training, supply chain, and operations setup, thereby enabling the franchisee to attract financial capital more easily and start operations without the time and challenges involved in building a reputation from scratch.

answered
User Rynant
by
7.9k points
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