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Welcome to this business quiz about the Subway franchise. A franchise business is a method a company used to distribute its products or services through retail outlets owned by independent, third party operators. The independent operator does business using the marketing methods, trademarked goods and services, and the "goodwill" and the name recognition developed by the company. In exchange, the independent operator pays an initial fee and royalties to the owner of the franchise.
Questions and Answers
1.
Which year did Subway Restaurant start?
Explanation Subway Restaurant started in 1965.
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2.
What was the original name of Subway?
A.
Subway Restaurants
B.
Submarine Sandwich Shop
C.
Pete’s Subs Sandwich Shop
D.
Did not say in the Video
Correct Answer
C. Pete’s Subs Sandwich Shop
Explanation The original name of Subway was Pete's Subs Sandwich Shop.
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3.
Where was the first Subway sandwich shop?
A.
Connecticut, USA
B.
Connecticut, Canada
C.
Europe
Correct Answer
A. Connecticut, USA
Explanation The first Subway sandwich shop was located in Connecticut, USA.
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4.
How much money did the owners have to start the original shop?
A.
5.5 billion dollars
B.
1000 dollars
C.
10,000 dollars
Correct Answer
B. 1000 dollars
Explanation The owners had to start the original shop with only 1000 dollars.
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5.
How many Subway restaurants are currently operating in the world?
A.
20,000
B.
Over 20,000
C.
2,000
D.
Over 2,000
Correct Answer
B. Over 20,000
Explanation There are currently over 20,000 Subway restaurants operating in the world.
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6.
In USA, there are more Subway restaurants than McDonalds.
A.
True
B.
False
Correct Answer
A. True
Explanation The given answer is true because there are indeed more Subway restaurants than McDonald's in the USA. Subway has a larger number of locations compared to McDonald's, making it the restaurant chain with the higher presence in the country.
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7.
Subway is the largest buyer of tomatoes in the world.
A.
True
B.
False
Correct Answer
A. True
Explanation Subway being the largest buyer of tomatoes in the world means that they purchase more tomatoes than any other entity or company. This suggests that Subway uses a significant amount of tomatoes in their products, such as sandwiches and salads. This information highlights the scale of Subway's operations and their demand for tomatoes, indicating their prominence in the global market for this particular ingredient.
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8.
Subway maintains its popularity by offering:
A.
Lighter and Fresh fast food
B.
Healthier alternative to other fast food
C.
Vegetarian fast food only
D.
Cheaper food than Mc Donalds
Correct Answer(s)
A. Lighter and Fresh fast food B. Healthier alternative to other fast food
Explanation Subway maintains its popularity by offering lighter and fresh fast food options as well as a healthier alternative to other fast food chains. This appeals to customers who are looking for nutritious options and want to maintain a balanced diet. By providing these choices, Subway sets itself apart from other fast food chains that are often associated with greasy and unhealthy food. This strategy has helped Subway attract health-conscious individuals and maintain its popularity in the fast food industry.
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9.
An entrepreneur is ____________.
A.
A person who work for a company
B.
A person who has their own business
C.
A person who has a business idea
Correct Answer
B. A person who has their own business
Explanation An entrepreneur is a person who has their own business. This means that they are not working for a company, but rather they have started their own venture or enterprise. Entrepreneurs take on the risk and responsibility of running their own business, making decisions, and pursuing opportunities for growth and success. They are often innovative and driven individuals who are willing to take calculated risks in order to achieve their goals.
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10.
The company that grants the independent operator/person the right to distribute its trademarks, products, or techniques is known as the franchiser.
A.
True
B.
False
Correct Answer
A. True
Explanation A franchiser is a company that allows an independent operator or person to distribute its trademarks, products, or techniques. This arrangement is known as a franchise agreement, where the franchiser grants the rights to the franchisee to operate under their established brand and business model. Therefore, the statement "The company that grants the independent operator/person the right to distribute its trademarks, products, or techniques is known as the franchiser" is true.
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11.
What are some of the things a person who wants to own a franchise business looks for?
A.
High start up cost
B.
Low start up cost
C.
Business idea that is easy to operate
Correct Answer(s)
B. Low start up cost C. Business idea that is easy to operate
Explanation A person who wants to own a franchise business looks for a low start-up cost because they want to minimize their initial investment and financial risk. They also look for a business idea that is easy to operate because they want a franchise that can be easily managed and does not require extensive expertise or experience. These factors make it more attractive and feasible for individuals to enter the franchise business and increase their chances of success.
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12.
If you decide to invest and setup a Subway Restaurant at Al Ain Women's College, you are called a:
A.
Franchisee
B.
Franchisor
C.
Development Agent
Correct Answer
A. Franchisee
Explanation A franchisee is the correct answer because they are individuals or entities that invest in and operate a franchise business, such as a Subway restaurant, under a franchise agreement with the franchisor. As a franchisee, they have the right to use the franchisor's brand, trademarks, and business model in exchange for paying fees and royalties to the franchisor. In this case, if someone decides to invest and set up a Subway restaurant at Al Ain Women's College, they would be considered a franchisee of Subway.
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13.
If you open a Subway Restaurant in Al Ain, you own the business in Al Ain.
A.
True
B.
False
Correct Answer
A. True
Explanation If you open a Subway restaurant in Al Ain, it means that you have taken the necessary steps to establish and operate a Subway franchise in that specific location. As a result, you become the owner of that particular business in Al Ain. Therefore, the statement "If you open a Subway Restaurant in Al Ain, you own the business in Al Ain" is true.
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14.
If you open a Subway Resturant in Al Ain, you can copy the business idea, logo and advertising information without contacting the main Subway company head-office.
A.
True
B.
False
Correct Answer
B. False
Explanation Opening a Subway restaurant in Al Ain does not give you the right to copy the business idea, logo, and advertising information without contacting the main Subway company head-office. Subway is a franchise and operates under strict guidelines and regulations set by the main company. Franchisees are required to follow specific branding and marketing guidelines provided by the head office. Therefore, it is false that you can copy these elements without contacting the main Subway company head-office.
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15.
How many countries have Subway restaurants? (As of 2020)
A.
48
B.
69
C.
84
D.
111
Correct Answer
D. 111
Explanation As of 2020, there are 111 countries that have Subway restaurants. This means that Subway has expanded its presence to a large number of countries worldwide. The company's global reach and popularity have allowed it to establish a significant presence in various international markets, making it one of the most widespread fast-food chains globally.
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