Which of the Following Statements Is False

question 112

Multiple Choice

Which of the following statements is false?

• A) Franchising is most appropriate in fragmented industries.
• B) Franchising provides corporate growth with less risk than do mergers and acquisitions.
• C) Successful franchising allows transfer of knowledge and skills from the franchisor to the franchisee.
• D) Franchising agreements require more trust between firms than do other cooperative strategies.

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Definitions:

Societal Goal

Refers to the shared objectives or outcomes that a society aims to achieve, such as economic prosperity, social welfare, and environmental sustainability.

Checkoff Provision

A labor union contract clause that requires employers to deduct union dues from employees' paychecks automatically.

Agency Shop Agreement

A labor contract clause requiring employees to either join the union or pay a fee without being forced to become union members.

Taft-Hartley Act

A 1947 United States federal law that restricts the activities and power of labor unions.