Which of the Following Statements Is FALSE

question 36

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:

Social Institutions

Social institutions refer to complex, integrated sets of social norms organized around the preservation of a basic societal value, encompassing family, education, politics, economy, and healthcare.

Social Control Agents

are individuals or groups responsible for enforcing norms and laws in society, including police, schools, and religious institutions, to maintain order.

Cultural Commodities

Goods and services that are produced within and valued for their cultural significance, often reflecting a society's traditions, heritage, and lifestyle.