Save
Busy. Please wait.
Log in using Clever
or

show password
Forgot Password?

Don't have an account?  Sign up 
Sign up using Clever
or

Username is available taken
show password

why


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't know
Remaining cards (0)
Know
0:00
share
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Samll Business Ch 4

Small Business Management Ch 4

QuestionAnswer
Area Developers Individuals or firms that obtain the legal right to open several franchised outlets in a given area.
Business Format Franchising A franchise arrangement whereby the franchisee obtains an entire marketing and management system geared to entrepreneurs.
Churning Actions by franchisors to void the contracts of franchisees in order to sell the franchise to someone else and collect an additional fee.
Co-Branding Bringing two franchise brands together under one roof.
Disclosure Document A detailed statement provided to a prospective franchisee, containing such information as the franchisor's finances, experience, size, and involvelment in litigation.
Due Diligence The exercise of reasonable care in the evaluation of a business opportunity.
Encroachment The franchisor's selling of another franchise location within the market area of an existing franchisee.
Franchise The privileges conveyed in a franchise contract.
Franchise Contract The legal agreement between franchisor and franchisee.
Franchise Disclosure Document (FDD) A document that provides the accepted format for satisfying the franchise disclosure requirements of the FTC.
Franchise Rule A rule that prescribes that the franchisor must disclose certain information to prospective franchisees.
Franchisee An entrepreneur whose power is limited by a contractual relationship with a franchising organization.
Franchising A marketing system involving a legal agreement, whereby the franchisee conducts business according to terms specified by the franchisor.
Franchisor The party in a franchise contract that specifies the methods to be followed and the terms to be met by the other party.
Master Licensee An independent firm or individual acting as a sales agent with the responsibility of finding new franchisees within a specified territory.
Matchmakers Specialized brokers that bring together buyers and sellers of business.
Multi-Brand Franchising The operation of several franchise organizations within a single corporate structure.
Piggyback Franchising The operation of retail franchise within the physical facilities of a host store.
Multiple-Unit Ownership Ownership by a single franchisee of more than one franchise from the same company.
Product and Trade Name Franchising A franchise agreement granting the right to use a widely recognized product or name.
Created by: dengler
 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!

"Know" box contains:
Time elapsed:
Retries:
restart all cards