Which of the Following Statements Is Incorrect Regarding Franchising

question 58

Multiple Choice

Which of the following statements is incorrect regarding franchising?

• A) In some industries, such as automotive and retail food, franchising is a dominant form of business ownership and growth.
• B) There are some instances in which franchising is not appropriate.
• C) Franchising is a relatively new form of business organization.
• D) Franchising, by its very nature, involves the sharing of knowledge between a franchisor and a franchisee.
• E) Franchising is a relatively poorly understood form of business ownership and growth.

---

Definitions:

Complicated Information

Information or data that is complex and challenging to understand or process due to its intricacy or multitude of components.

Optimistic

An attitude reflecting a belief or hope that the outcome of some specific endeavor, or outcomes in general, will be positive, favorable, and desirable.

Framing Information

The way information is presented or communicated, which can influence perception and decision-making.

Healthful Concept

A healthful concept pertains to ideas or practices that promote physical, mental, and emotional well-being.