Franchising
What is the name of the person who purchases the right to operate a franchise business?
Franchisee
What is the capital city of Australia?
Canberra
Which Australian law sets minimum wages and workplace rights?
Fair Work Act 2009
Which country has the largest population in the world?
India
What stakeholder group purchases goods and services from a business?
Customers
What document outlines the rights and responsibilities of the franchisor and franchisee?
Franchise Agreement
How many sides does a hexagon have?
6
What is the name of the compulsory retirement contribution employers pay for employees?
Superannuation
What is the fastest land animal?
Cheetah
What stakeholder group provides products to a business?
Suppliers
What document must a franchisor provide before a franchise agreement is signed?
Disclosure Document
Which planet is known as the Red Planet?
Mars
Which Queensland law protects people from discrimination based on race, gender, age or disability?
Anti-Discrimination Act 1991
What year did the first iPhone release?
2007
Who are the stakeholders that work for the business?
Employees
Give one advantage of operating a franchise instead of starting an independent business.
Established brand, training, support, marketing etc.
What is the largest ocean on Earth?
Pacific Ocean
Name two employee entitlements protected by Fair Work.
Leave, breaks, minimum wage, workplace rights.
What is the name of the deepest point in the ocean?
Challenger Deep
Which stakeholder group provides loans and finance?
Financial Institutions
Give one disadvantage of operating a franchise.
Less independence, royalties, strict rules etc.
Which country is famous for inventing pizza?
Italy
What is one consequence for breaching employment laws?
Fines, compensation orders, legal action.
Which scientist developed the Theory of Relativity?
Albert Einstein
Name four stakeholders of a franchise.
Customers, employees, suppliers, investors, community etc.
Why are franchise royalties paid?
Follow systems, pay fees, report sales, follow standards.
What is the chemical symbol for gold?
Au
An employer refuses to hire someone because they are 60 years old. What law may have been breached?
Anti-Discrimination Act 1991
What is the smallest country in the world?
Vatican City
How do taxes benefit the local community?
Fund services and infrastructure.
Why are franchise royalties paid?
To pay for use of brand, support and systems.
Which mammal lays eggs?
Platypus or Echidna
Why is workplace diversity beneficial for businesses?
Different perspectives, improved reputation, better decision making.
Which element has the atomic number 1?
Hydrogen
Which stakeholder group is directly affected when wages are underpaid?
Employees
Explain why disclosure documents are important when buying a franchise.
Shows costs, risks, obligations and financial information.
What is the tallest mountain in the world above sea level?
Mount Everest
Name three responsibilities employers have under Australian employment law.
Pay correct wages, provide leave, pay super, safe workplace etc.
Which country was the first to grant women the right to vote nationally?
New Zealand
How could tax fines affect investors?
Reduced confidence, lower profits
A franchise owner changes products and branding without approval. Which document have they likely breached?
Franchise Agreement
What is the only letter not found on the periodic table?
J
A franchise underpays staff and fails to pay super. Name both pieces of legislation that may have been breached.
Fair Work Act 2009 and Superannuation Guarantee Act 1992
What country has the most official languages in the world?
South Africa
A franchise closes because of tax breaches. Explain how three stakeholder groups are affected.
Employees lose jobs, suppliers lose income, customers lose access, etc.