The Business pi answer key


1 F 2 T 3 F 4 F 5 T 6 F 7 T 4



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The Business PI Answer Key

3
1 F
2 T
3 F
4 F
5 T
6 F
7 T
4
1 b) 2 c) 3 d) 4 a) 5 g) 6 h) 7 f) 8 e)
5
1 Franchises differ considerably. In some, for example, a uniform is 
mandatory; in others, there is a great deal of fl exibility.
2 Answers 
will 
vary.
3 There are many good reasons for choosing a franchise: the risk of failure 
is a lot less if the company and the product are already well-established. 
The product has already been launched, tested and probably comes in 
a standardized version. However, many people would argue against 
choosing a franchise, mainly because you can lose a lot of autonomy. 
Some contracts could tie you in for a long time e.g. 20 years.
4 Businesses where there is no standard product would be unlikely to 
work as a franchise, e.g. a consultancy company.
8.2 Vocabulary 
Setting up a franchise
1
2 d) 3 e) 4 a) 5 f) 6 c)
2
1 a 
teashop
2 Lisbon
3 yes (and no)
3
1 own boss
2 run
3 franchise
4 fee
5 training programme
6 site
7 rent
8 lend
9 borrowed
10 equipment
11 fi ttings
12 turnover
4
1 c) 2 d) 3 a) 4 b) 5 h) 6 e) 7 f) 8 g)
5
1 She is fi lling in the paperwork.
2 They are equipping and fi tting a shop.
3 They are budgeting for expenses.
4 They are trying to attract customers.
5 He is attending a course.
6 He is raising money.
6
Make: a profi t, a phone call, a decision, an arrangement, a recommendation, 
an excuse.
Do: business, market research, somebody a favour, overtime, serious work, 
homework
Take: a break, a chance, a risk, an exam
7
1 made
2 taken
3 did
4 do
5 made
6 making

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