Examlex

Solved

Which of the Following Is a Way in Which Franchisors

question 42

Multiple Choice

Which of the following is a way in which franchisors have adapted products to meet the changing needs of customers?


Definitions:

Heuristics

are simple, efficient rules or methods used to make decisions or solve problems quickly when exhaustive processing is impractical.

Trial And Error

A fundamental method of problem solving that involves testing various solutions until finding one that works.

Availability

Refers to how easily something can be accessed or retrieved from memory, influencing how likely people are to use that information when making decisions or judgments.

Counterfactual Thinking

involves imagining alternative scenarios and outcomes that might have occurred but didn't.

Related Questions