When Buying a Franchise, _____

question 56

Multiple Choice

When buying a franchise, _____.

• A) the first-year failure rate is very high
• B) the initial purchase price can be steep
• C) it can be hard to get credit from suppliers
• D) it takes sheer sweat equity to build a customer base

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Definitions:

Psy.D. Program

A doctoral program focused on the practice of psychology and the application of psychological knowledge to help individuals, groups, and communities.

Ph.D. Program

An advanced academic and research program leading to the Doctor of Philosophy degree, which often involves creating original research.

Scientist-Practitioner Model

A training model in psychology that emphasizes the integration of scientific research and clinical practice.

Professional Development

The continuous process of acquiring new skills and knowledge, contributing to career advancement and personal growth.