Because the Relationship Between Franchisor and Franchisee Is Similar to a Marriage

question 1

Essay

Because the relationship between franchisor and franchisee is similar to a marriage, it is important that the prospective franchisee investigate the opportunity thoroughly.  What questions should a prospective franchisee ask to aid in assessing the franchise?  List at least four out of the seven types given in the text.

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Definitions:

Relevant Labor Market

The area or domain within which companies seek employees who have the skills they require.

Availability Analysis

An assessment to determine the availability of qualified individuals both within and outside the organization who could fill job openings.

Affirmative Action Plan

A strategy or program implemented by organizations to promote diversity and inclusion by increasing opportunities for historically underrepresented groups.

Recruitment Activities

The process and actions taken by an organization to identify, attract, and hire suitable candidates for job vacancies, aiming to fill these roles efficiently and effectively.