Which of the Following Statements About Recent Trends in Franchising

question 68

Multiple Choice

Which of the following statements about recent trends in franchising is TRUE?

• A) Franchising grew rapidly but has leveled off at one-third of retail sales.
• B) Franchising is growing rapidly and is projected to account for half of all retail sales.
• C) Franchising grew rapidly until about 1975,but its percentage of retail sales is now on the decline.
• D) Franchising has not been a big factor in U.S.retail sales due to its high costs.
• E) Franchising has declined in popularity because of the high risk it involves.

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Definitions:

Corpus Luteum

A temporary endocrine structure in female ovaries that secretes progesterone after ovulation.

Progesterone

A hormone released by the ovaries involved in the menstrual cycle, pregnancy, and embryogenesis.

Mature Follicle

Ovarian follicle in which the oocyte attains its full size. The follicle contains a fluid-filled antrum and is surrounded by the theca interna and externa; also called Graafian follicle.

Meiotic Division

A type of cell division that reduces the chromosome number by half, resulting in the production of four genetically diverse haploid cells, critical for sexual reproduction.