Asked by bresha willis on Jul 11, 2024
Verified
In the context of franchise marketing,"best efforts" relate to the quality and diversity of the advertising and PR support.
Best Efforts
A commitment to exert the utmost effort to achieve a specified objective within the constraints of the situation, without guaranteeing the outcome.
Franchise Marketing
A strategy for promoting and selling franchise opportunities to potential franchisees, expanding the brand's reach.
- Ascertain the fundamental parts of successful franchise promotion and support mechanisms for franchise holders.
Verified Answer
SW
Sharnese WilsonJul 14, 2024
Final Answer :
False
Explanation :
"Best efforts" in franchise marketing typically refers to the franchisor's commitment to exert their maximum effort to support the franchisee, which can include but is not limited to advertising and PR support. It encompasses a broader range of support services.
Learning Objectives
- Ascertain the fundamental parts of successful franchise promotion and support mechanisms for franchise holders.
Related questions
In a Franchise System,a Franchisor's Field Support Is a Good ...
Which Aspect of Franchising Is Associated with an Area of ...
The Best Franchisors Use Their Field Support Function as a ...
Discuss the Three Different Levels at Which Marketing Programs Are ...
Franchising Can Be a Beneficial Way for Entrepreneurs to Get ...