Franchising Accounts for More Than $1 Trillion of Annual U

question 109

Multiple Choice

Franchising accounts for more than $1 trillion of annual U.S.sales and nearly one-third of all retail transactions.Franchises are distinguished by three characteristics,which are: (1) The franchisee pays for the right to be part of the system: (2) the franchisor provides its franchisees with a system for doing business; and (3) ________.

• A) the franchisor controls all actions of the franchisee including hiring and marketing decisions
• B) the franchisee has unlimited freedom to change the operation once he/she pays the upfront charges
• C) the franchisor owns a trade or service mark and licenses it to franchisees in return for royalty payments
• D) the franchisor receives a percentage of sales from the franchisee for the right to belong
• E) none of the above

Understand the process and significance of career counseling and assessment for optimal person-environment fit.

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Learn about effective preparation for advanced degrees and setting specific, actionable goals.

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Definitions:

Ambivalent Attachments

A type of insecure attachment where an individual has mixed feelings about close relationships, seeking both closeness and independence.

Attachment Theory

A psychological model that describes the dynamics of long-term and short-term interpersonal relationships between humans.

Sexually Attracted

The feeling of being drawn to another person in a sexual manner, desiring sexual interaction or intimacy with them.