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What Are the Pros and Cons of Franchising

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What are the pros and cons of franchising?


Definitions:

Approach-Avoidance Conflict

A psychological conflict that occurs when a goal is both appealing and deterring at the same time.

Immune System

The system of the body that recognizes and destroys foreign agents (antigens) that invade the body.

Psychological States

Conditions of the mind associated with feelings, thoughts, and behavior at a particular time.

General Adaptation Syndrome

A model describing the body's short-term and long-term reactions to stress, consisting of three stages: alarm, resistance, and exhaustion.

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