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Answer :
Final answer:
b. Running a franchise business presents challenges such as requiring significant time to learn the trade and involving a lengthy, legally binding relationship.
Explanation:
A franchise business comes with its challenges. One challenge Catherine may encounter is b. running a franchise requires tremendous time to learn the trade. This is because the franchisee needs to understand and operate based on the franchisor's established model and guidelines. Additionally, a franchisee and a franchise have a lengthy, legally binding relationship, which can add complexity to the business operation.
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Rewritten by : Barada
Catherine may find operating a franchise challenging due to the required adherence to set procedures, which can limit creativity. The need to manage employees and commit to a lengthy contractual relationship with the franchisor are also potential challenges. The correct option is A.
Among the challenges Catherine might face in running a Burger King franchise, one significant challenge is that creative entrepreneurs may find working in a franchise frustrating. Franchises have a set of pre-established rules, procedures, and ways of doing business that franchisees are expected to follow. This can be restrictive for an entrepreneur like Catherine who enjoys the creative process and may wish to bring her own ideas to the business.
While franchises do provide a business model, running a franchise also demands a considerable investment of time to learn the trade and adhere to the franchisor's guidelines. Furthermore, franchisees enter into a lengthy, legally binding relationship with the franchisor, which typically involves committing to certain operational requirements and ongoing royalty fees.
Additionally, a franchisee like Catherine would be responsible for managing the employees of her franchise location, which includes training, scheduling, and potentially dealing with high employee turnover, common in the fast-food industry.
