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O-LevelCommerceBusiness enterprise7100/11 · Oct/Nov 2017 · Q361 Mark

Mr Patel's computer advisory service has grown quickly. He decides to set up a franchise. What does this mean for Mr Patel?

AHe will become a franchisor.
BHe will borrow money to open a new office.
CHe will have to make royalty payments.
DHe will take on a new partner.

✓ Correct answer

A: He will become a franchisor.

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About this question

Topic
Business enterprise, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2017 Paper 1 Variant 1, question 36.

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