The Power of Diversification
10 Questions
0 Views

The Power of Diversification

Created by
@EyeCatchingLapisLazuli

Podcast Beta

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Why is diversification important for a franchise portfolio?

  • To simplify the management of the franchise portfolio
  • To maximize profits from a single business
  • To minimize the number of franchises owned
  • To protect from serious loss if one business faces challenges (correct)

    • What is the suggested approach when growing a franchising portfolio?

  • Randomly selecting franchise brands for diversity
  • Focusing solely on concepts within the same industry
  • Choosing concepts strategically based on passion and market knowledge (correct)
  • Avoiding adding concepts in different industries to reduce volatility

    • What is a potential benefit of adding concepts in different industries to a franchise portfolio?

  • Increasing the complexity of managing the portfolio
  • Adding further income and stabilizing the portfolio (correct)
  • Reducing the need for applying business acumen and market knowledge
  • Raising the risk and volatility of the portfolio

    • Why is the post-pandemic period considered an ideal time to diversify and grow a franchise portfolio?

    <p>To take advantage of the disruption and apply business acumen to another brand</p> Signup and view all the answers

    What is the analogy used to emphasize the importance of diversification in a franchise portfolio?

    <p>Keeping a portfolio of different stocks to diversify investments</p> Signup and view all the answers

    Franchise diversification is not necessary in a post-pandemic world.

    <p>False</p> Signup and view all the answers

    It is advisable to randomly select franchise brands when growing your portfolio.

    <p>False</p> Signup and view all the answers

    Adding concepts in different industries to a franchise portfolio can reduce volatility and risk.

    <p>True</p> Signup and view all the answers

    It is not important to follow your passion when choosing franchise concepts.

    <p>False</p> Signup and view all the answers

    The disruption brought on by the pandemic makes it a risky time to diversify and grow a franchise portfolio.

    <p>False</p> Signup and view all the answers

    More Like This

    The Power of Discipline
    10 questions

    The Power of Discipline

    UnrealConsciousness avatar
    UnrealConsciousness
    The Power of Words y9 iyun
    7 questions

    The Power of Words y9 iyun

    Rabbi Karp avatar
    Rabbi Karp
    The Power of Perception Quiz
    10 questions

    The Power of Perception Quiz

    BeauteousMiracle avatar
    BeauteousMiracle
    The Power of Psalms and Sacraments
    5 questions

    The Power of Psalms and Sacraments

    JubilantAntigorite9334 avatar
    JubilantAntigorite9334
    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser