Busn 201 midterm test Study guides, Class notes & Summaries
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BUSN 201 Midterm Test Questions and Answers All Correct
- Exam (elaborations) • 7 pages • 2024
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BUSN 201 Midterm Test Questions and Answers All Correct 
 
 
business plan - Answer-1. know your customer 
2. know why you will win 
3. know how you will win 
4. know what it will take to win 
5. demonstrate why others should believe in you 
 
Franchising - Answer-selling to a foreign organization the rights to use a brand name and operating know-how in return for a lump-sum payment and a share of the profits 
 
Franchise Advantages - Answer-brand recognition 
pre-launch 
purchasing power 
mark...
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