In Franchising, the Franchiser Is the Concept Innovator Who Grows

question 29

True/False

In franchising, the franchiser is the concept innovator who grows by seeking others to operate the concept in local markets.

---

Definitions:

Standardization of Work Processes

The establishment of consistent procedures and criteria across an organization to improve efficiency and quality.

Geographic Divisions

Organizational structure where operations are segmented based on geographic locations or territories to streamline management and operations.

Mutual Adjustment

A coordination mechanism where parties adapt to each other's actions and decisions through informal communication.

Complicated Divisions

Complex organizational structures that segregate operations, responsibilities, or tasks into distinct units or departments.