Explain the Two Major Classes of Franchising: Product Franchising and Business

question 17

Essay

Explain the two major classes of franchising: product franchising and business format franchising.

Identify the physiological bases of lying and the principles behind polygraph tests.

Understand the controversies and limitations surrounding the polygraph test.

Acknowledge the role of the sympathetic nervous system in emotional responses.

Learn about the influence of specific brain structures in emotion regulation and response to stress.

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Definitions:

Transaction Processing

The handling of information and actions necessary to complete the purchase or sale of securities in the financial market.

Computations

The process of calculating or determining something by mathematical or logical methods.

Compensation Strategy

A plan adopted by an organization to determine how to compensate its employees, including wages, salaries, benefits, and rewards.

Monetary Benefits

Financial compensation and rewards given to employees, including salaries, bonuses, and other forms of pay for services rendered.