Question

question 10 which of the following is a benefit of the business - format franchise arrangement: ∘ strict operating hours ∘ reduced risk of failure ∘ uniform store appearance ∘ limited number of vendors

Explanation:

• "Strict operating hours" is a constraint, not a benefit.
• In a business - format franchise, the franchisee benefits from the proven business model of the franchisor, which leads to a reduced risk of failure as the business has a tested system, marketing support, and brand recognition.
• "Uniform store appearance" is more of a characteristic for brand consistency rather than a direct benefit to the franchisee in terms of business success.
• "Limited number of vendors" can be a constraint as it may limit choices and potentially increase costs.

Answer:

B. Reduced risk of failure