Joshua Wants to Run His Own Business

question 140

True/False

Joshua wants to run his own business. A friend suggested that an inexpensive way to get started is to buy a franchise, where he will have the freedom to run it exactly as he sees fit. As a recent student of business, you concur with this advice.

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Definitions:

Cost

The value or price associated with acquiring, producing, or maintaining goods or services.

Absenteeism

The habitual non-presence of an employee at their job, which can be due to various reasons such as illness, personal issues, or lack of job satisfaction, negatively impacting productivity.

Performance Reviews

Formal assessments where an employee's work performance is evaluated and discussed to identify strengths and areas for improvement.

Strong Points

Distinguished abilities or attributes that give an individual or organization a competitive advantage.