A Disadvantage of Franchising Is

question 57

Multiple Choice

A disadvantage of franchising is

• A)reduced risk of failure.
• B)access to a proven system.
• C)restricted sales territories.
• D)immediate economies of scale.

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Definitions:

Globalization

The method in which companies or various organizations gain global influence or begin to function at an international level.

Fieldwork

The collection of raw data and information through direct observation or engagement in a specific social, cultural, or physical environment, typically outside a laboratory or academic setting.

Ethnography

A detailed description of a particular culture primarily based on fieldwork.

Anthropological Approach

A method of study that focuses on understanding human cultures, behaviors, and societies, often through participant observation and fieldwork.