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When Managers Make a Decision,they Base It Strictly on the Numerical

question 41

True/False

When managers make a decision,they base it strictly on the numerical analysis performed in step three of the decision making process.


Definitions:

Exclusive Territory

A specific geographic area granted to a retailer, distributor, or franchisee in which they are the only ones allowed to sell certain products or services.

Dairy Products

Foods made from milk, including but not limited to cheese, yogurt, milk, butter, and ice cream, which are produced by mammals such as cows, goats, and sheep.

Chain-Style

A business model that involves establishing multiple outlets under the same brand and management, typically in different locations.

Federal Franchise Rule

A regulation established by the Federal Trade Commission that requires franchisors to provide full disclosure of material facts to prospective franchisees.

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