Franchising Trends Include All of the Following Except

question 12

Short Answer

Franchising trends include all of the following except:
• Slower growth in the lodging industry
• Expansion into smaller cities and foreign markets
• New markets located close to attractions
• Fresh looks

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Definitions:

Capital Resources

Assets such as machinery, buildings, and technology that are used in the production of goods and services.

High Price

A term referring to a price level that is significantly above average or expected, often indicating scarcity, high demand, or premium quality.

Wages

Payments made to workers or employees as compensation for their labor, typically calculated on an hourly, daily, or piecework basis.

Bonuses

Extra payments given to employees above their normal compensation as a reward for performance or achievement.