Great! im excited to near what Be-Wiser is planning to do! Andrea, since you mentioned that you are an expert on the EU., I would like to get some clarification on the European Union. Rojelio Which of the following descriptions of the E.U. is the most appropriate? The E.U. includes most European countries. It is considered a customs union. Goods and capital can move freely among the EU. countries. Most of the countries use the euro as the common currency. The E.U. includes most European countries. It is considered a free trade area. Goods and capital can move freely among the E.U. countries. All of the countries use the euro as the common currency. The E.U. includes all European countries. It is considered a common market. Goods, capital, and people can move freely among the E.U. Most of the countries use the euro as the common currency. The E.U. includes most European countries. It is an economic union. Countries in the E.U. have eliminated internal barriers and have a common external trade policy with other countries. Goods, capital, and labor can move freely among members of the E.U. Many of the countries use the euro as the common currency. Submit Type here to search ment Chapter 5 Saved Franchising A franchise is the right to use a specific business's name and sell its products or services in a given territory. Franchises are one of the two special forms of business ownership that are additions to the three major forms of business ownership Some people, uncomfortable with the idea of starting their own business from scratch, would rather join a business with a proven track record through a franchise agreement. A franchise agreement is an arrangement whereby someone with a good idea for a business (the franchisor) sells the rights to use the business name and sell a product or service (the franchise) to others (the franchisees) in a given territory. A franchise can be formed as a sole proprietorship, a partnership, or a corporation Franchises provide distinct advantages of starting and managing a small business, but there are potential drawbacks as well. 2:25.03 rences Read the statements Click and drag each item into the correct spot within the chart. Each item is either an advantage of franchising or a disadvantage of franchising Management and marketing assistance Management regulation Advantages of Franchising Disadvantages of Franchising Financial advice and assistance Coaltail effects Restrictions on selling Nationally recognized name Personal ownership Large start-up costs Shared pro Lower failure rate Reset
