Nancy Argues That with Modern Information Technologies,collocation of Team Members

question 15

Essay

Nancy argues that with modern information technologies,collocation of team members is no longer important.How would you respond to this argument?

---

Definitions:

Franchisor

A business entity that grants another party the right to operate a business using its trademark, products, and business model.

Prospective Franchisee

An individual or entity considering the acquisition of a franchise license to operate a franchised business.

Reasonable Basis

Reasonable basis is a standard in law and finance that suggests a belief or action is supportable based on the facts and evidence available at the time, implying due diligence was exercised.

Limited Legal Liability

A legal status in which an individual's financial responsibility for a business's debts or obligations is restricted to a predetermined amount, usually limited to their investment.