4. You are an executive involved with Sonic’s franchiseoperations. Sonic franchisees have become increasingly popular. Onthe other hand, you have heard about some notable cases ofmisconduct at a few franchisees. You think making the franchiserequirements more stringent and/or increasing the initialinvestment will help the company maintain additional control overits franchise operations and increase profit. Develop a list ofrequirements for opening up a new Sonic franchise that will bedistributed to new entrepreneurs wanting to open up their own.