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Question
In order to further investigate a franchise opportunity an entrepreneur can request a franchise package from the franchisor which:A.is usually free.
B.costs between $400-$600 and is usually refundable.
C.costs between $800-$1000 and is usually not refundable.
D.contains guarantees about expected sales revenues in years 1 and 2.
Answer
This answer is hidden. It contains 2 characters.
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First movers suffer a cost disadvantage as they are not able to move down the experience curve.
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A.Parameter analysis
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