There Are Four Popular Types of Franchising, One of Which

question 228

Multiple Choice

There are four popular types of franchising, one of which is

• A) government-sponsored franchise systems.
• B) service-sponsored franchise systems.
• C) horizontal-marketing franchise systems.
• D) contractual-sponsored franchise systems.
• E) customer-oriented franchise systems.

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Definitions:

Laissez-Faire Leadership

A leadership style characterized by minimal managerial interference, where team members have the freedom to make decisions and solve problems on their own.

Retention of Authority

Refers to maintaining control or command over decisions and resources within an organization or over certain areas of decision-making.

Emotional Intelligence (EQ)

The ability to understand, use, and manage your own emotions in positive ways to relieve stress, communicate effectively, empathize with others, and overcome challenges.

Self-Awareness

The conscious knowledge of one's own character, feelings, motives, and desires, considered crucial for emotional intelligence.