________ Is an Arrangement Whereby Someone with a Good Idea

question 80

Multiple Choice

________ is an arrangement whereby someone with a good idea for a business sells the rights to use the business name and sell the parent company's product or service to others in a given territory in a specified manner.

• A) Franchising
• B) Contract manufacturing
• C) Import trading
• D) Export trading

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Definitions:

Optimistic Explanatory Style

A cognitive approach where individuals attribute positive events to their own qualities and negative events to external factors, contributing to resilience and well-being.

Negative Events

Undesirable or harmful occurrences that can cause stress, sadness, or trauma, negatively impacting an individual's mental and emotional well-being.

Temporary

Lasting for only a limited period; not permanent.

Optimistic People

Individuals who generally expect positive outcomes and look at the brighter side of life.