The ________ Contains 23 Categories of Information That Give a Prospective

question 20

Multiple Choice

The ________ contains 23 categories of information that give a prospective franchisee a broad base of information about the background and financial health of the franchisor.

• A) Franchise Due Diligence Certificate
• B) Franchise Offering Contract
• C) Standardized Franchise Contract
• D) Franchise Disclosure Document
• E) Franchise Code of Conduct

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Definitions:

Outsourcing

The business practice of hiring a party outside a company to perform services or create goods that were traditionally performed in-house by the company's own employees and staff.

Obtaining Materials

The process of sourcing and procuring the raw materials needed for production or manufacturing.

Outsourcing

The practice of hiring third-party vendors to perform services or produce goods that were previously done internally, often to reduce costs.

Globalization

The process of interaction and integration among people, companies, and governments worldwide, often resulting in an interconnected global economy.