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What are the steps a prospective franchisee must take in order to acquire a franchise? What properties are generally licensed by franchisors?
Highly Preferred Outcome
A result or conclusion that is significantly favored or desired over other possible outcomes.
Integrative Agreements
Negotiation outcomes that involve creative solutions allowing all parties to achieve their objectives, often leading to mutual benefits.
Objective Outcomes
The measurable, tangible results achieved from an action or process, which can be observed and quantified.
Nonspecific Compensation
A form of payment or reparation that is not precisely defined or categorized.
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