Which of the Following Is Not True of the Franchising

question 37

Multiple Choice

Which of the following is not true of the Franchising Code of Conduct?

• A)It is administered and enforced by the ACCC.
• B)It is a voluntary industry code.
• C)It provides a dispute resolution scheme for franchisees and franchisors.
• D)It aims to make sure franchisees are properly informed about the Code and any franchise they consider entering into.

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Definitions:

Scientific Management

A theory developed by Frederick W. Taylor, focusing on improving economic efficiency and labor productivity through systematic procedures and empirical studies.

Work Methods

Work methods are the techniques, strategies, and processes employed to carry out tasks or activities efficiently and effectively.

Scientific Management

A theory of management that analyzes and synthesizes workflows, aiming to improve economic efficiency and labor productivity.

Productivity

Productivity refers to the efficiency of production of goods or services expressed by some measure, typically output per unit of input.