Decrease in Consumer Demand for Green Products Was Directly Responsible

question 44

True/False

Decrease in consumer demand for green products was directly responsible for the proliferation of green certifications.

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Definitions:

Distributorship

A type of franchise in which the franchisor manufactures a product and licenses a dealer to sell the product in an exclusive territory.

Franchisor

A person or company that grants the license to a third party for the conducting of a business under the franchisor's marks and methods.

Exclusive Territory

A designated geographic area where a specific party has the exclusive right to operate, sell, or perform services.

Manager-managed LLC

A form of Limited Liability Company (LLC) where management responsibilities are assigned to designated managers rather than all members.