An ________ Refers to an Agency That Arises When a Franchisor

question 64

Multiple Choice

An ________ refers to an agency that arises when a franchisor creates the image that a franchisee is its agent when in fact an actual agency does not exist.

• A) apparent agency
• B) implicit agency
• C) agency by ratification
• D) implied agency

Identify the sources of resistance to change and strategies to overcome them.

Appreciate the benefits and drawbacks of different organizational models such as bureaucracy, organic, and mechanistic structures.

Recognize the components of organizational structures such as chain of command and how they define authority and workflow within organizations.

Understand the tools and objectives of the Federal Reserve System.

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Definitions:

Aggressive

Exhibiting behavior that aims to hurt or intimidate someone physically or psychologically.

Solomon Asch Experiment

A series of studies directed by psychologist Solomon Asch that demonstrated the power of conformity in groups, where individuals often agreed with an incorrect majority opinion.

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms, potentially influenced by pressure, real or imagined.

Line Sizes

Pertains to the dimensions of length and width of lines, often considered in visual arts, geometry, and design.