An Evaluation of Franchising Would Conclude That This Type of Arrangement

question 136

Multiple Choice

An evaluation of franchising would conclude that this type of arrangement:

• A)has become the dominant form of business organization in Canada because it has many advantages and almost no disadvantages.
• B)appeals to people who want to own a business,but are not comfortable starting a company from scratch.
• C)has a much higher risk of failure than independent companies.
• D)has little chance of success outside the United States because many foreign countries do not allow such arrangements.

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Definitions:

Correlation Coefficients

Correlation coefficients are statistical measures that quantify the degree to which two variables move in relation to each other, indicating the strength and direction of their relationship.

Accurate Predictions

Precise forecasts or projections about future events or outcomes, based on data or analysis.

Inferential Statistics

Inferential Statistics involves methods that allow the extrapolation from samples to make inferences about the larger population from which the sample was drawn.

Inferential Statistics

Statistical methods used to draw conclusions or inferences about a population based on a sample.