CUET-UG SERIES Entrepreneurship
Franchising
3 previous year questions.
Volume: 3 Ques
Yield: Medium
High-Yield Trend
3
2023 Chapter Questions 3 MCQs
01
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
Burger lal is a fast growing fast food outlet, Seeing to the popularity of Burger lal, Rajesh approached the management of Burger lal to take its franchise. The management of Burger lal prepares a document that outlines the type of relationship burger will be entering with Rajesh. Identify the ingredient of a franchise agreement discussed above.
1
Operational Manual
2
Proprietary statement
3
Contract Explanation
4
Ongoing site maintenance
02
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
The main ingredients of franchise agreement are :
A. Contract Explanation
B. Operation Manual
C. Proprietary Statements
D. Management Expertise
E. Ongoing site Maintenance
A. Contract Explanation
B. Operation Manual
C. Proprietary Statements
D. Management Expertise
E. Ongoing site Maintenance
1
A, B and D only
2
A, B, C and E only
3
A, C, D and E only
4
A, B, C and D only
03
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
Match List I with List II
Choose the correct answer from the options given below :
| List I | List II | ||
| A. | Product Franchise | I. | Right to manufacture and sell |
| B. | Manufacturing Franchise | II. | How the retailer distributes their product |
| C. | Business Franchise | III. | Operating the business |
| D. | Business Format Franchise | IV. | Purchase and distributes the products of only one company |
1
A-II, B-I, C-IV, D-III
2
A-II, B-IV, C-I, D-III
3
A-II, B-III, C-IV, D-I
4
A-III, B-II, C-I, D-IV