According to the Information Provided in Table 12-1,what Is the Average

question 28

Multiple Choice

According to the information provided in Table 12-1,what is the average time spent by a person in this system?

• A)0.058 minute
• B)1.646 minutes
• C)0.521 minute
• D)0.183 minute
• E)None of the above

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Definitions:

Franchise

When one business owner sells to another the right to operate the same business in another location, using its name and operating methods.

Business Owner

A business owner is an individual who owns and oversees the operation of a company, making key decisions and assuming the risks associated with the business.

Original Owner

The individual or entity that first held ownership or possession of an asset, property, or business before any transfers or sales.

Venture

A new business endeavor undertaken with risk in hopes of achieving financial gain or other benefits.