Which of the Following Is True About a Franchise

question 133

Multiple Choice

Which of the following is true about a franchise?

• A) It is one of the least common ways to get involved in a business.
• B) It runs under the franchisee's name and guidance.
• C) The franchise parent receives a specified share of income or a flat fee from the franchisee.
• D) It makes use of things like opensource software, while containing costs, staying small, and keeping operations as simple as possible.
• E) It refers to a business in which material or goods are given to another person, but ownership is retained until the goods are sold.

Know the misconceptions about the relationship between main effects and interaction effects.

Understand the experimental design considerations in factorial ANOVA.

Understand the design and application of ANOVA in examining the effects of different variables.

Differentiate between various types of ANOVA (simple, one-way, two-way, factorial) based on study design.