One Drawback of Franchises Is That They Have a Higher

question 22

True/False

One drawback of franchises is that they have a higher failure rate than other types of business ventures.

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Definitions:

Determined

Showing a firm decisiveness and purposefulness in achieving a specific goal.

Instinctive

Behavior or actions that are innate and driven by natural tendencies or genetic programming, rather than learned experience.

Homeostasis

Homeostasis is the self-regulating process by which biological systems maintain stability and equilibrium while adjusting to conditions that are optimal for survival.

Biogenesis

The scientific principle that living organisms only come from other living organisms through reproduction, contradicting the idea of spontaneous generation.