Payroll Processing Can Be Automated Easily Because Accounting for Payroll

question 89

True/False

Payroll processing can be automated easily because accounting for payroll is very simple.

Grasp the role of intellectual property law in franchising.

Understand the factors influencing the choice of business organization form by entrepreneurs.

Recognize the importance of good faith and fair dealing in franchise termination.

Understand the mechanisms for protecting franchisees from unfair practices and terminations.

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Definitions:

Retailer Branding

The process of creating a distinctive identity for a retailer to differentiate it from its competitors.

Multiproduct Branding

A branding strategy in which a company uses one name for all its products in a product class.

Multibranding

A branding strategy that involves giving each product a distinct name when each brand is intended for a different market segment.

Private Branding

A branding strategy used when a company manufactures products but sells them under the brand name of a wholesaler or retailer. Also called private labeling or reseller branding.