Due to a Decrease in the Number of Franchises Over

question 82

True/False

Due to a decrease in the number of franchises over the past decade, the task of selecting an appropriate franchise has become more difficult.

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Definitions:

Operating Expenses

Costs associated with a company's main operational activities, excluding the cost of goods sold.

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenue, indicating the financial performance over a specific period.

Service Businesses

Businesses that primarily offer intangible products or services to consumers or other businesses.

Merchandising Business

A merchandising business purchases and sells goods in their original form without undergoing transformation, aiming to profit from the retail or wholesale distribution.