Personal Norms Are

question 70

Multiple Choice

Personal norms are

• A) norms about which behaviors are approved by the society.
• B) internal standards for particular behavior.
• C) descriptive norms of how to behave in social situations.
• D) all of the above

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Definitions:

Due Diligence

The process of thoroughly investigating the accuracy of information before signing a franchise (or any other) agreement.

Fact Finding

The process of gathering information and data to understand a subject or resolve an issue comprehensively.

Industry Averages

Statistical metrics that represent the standard or average performance, productivity, or financial health of companies within a certain industry.

Expenses

Costs incurred in the process of generating revenue, including operational costs like rent, utilities, salaries, and materials.