Which of the Following Is a Benefit of Buying a Franchise

question 9

Multiple Choice

Which of the following is a benefit of buying a franchise?

• A) The franchisee can identify his or her market niche.
• B) The franchisee can select his or her own sales activities.
• C) The franchiser brings proven methods of operation to aid the franchisee.
• D) The franchiser gives complete independence to run the franchise.

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Definitions:

Dictator Game

A behavioral experiment in economics where an individual, termed the "dictator," decides how to split an amount of money with another participant.

Fairness Considerations

Evaluations or judgments about the equity, justice, or fairness in situations, actions, or distribution of resources.

Precommitments

Decisions or pledges made in advance to lock oneself into a course of action or behavior, often used to overcome self-control problems.

Self-Control Problems

Issues arising from an individual's inability to regulate their behavior or choices, often leading to adverse outcomes.