Examlex
Composite data about the franchise industry itself suggests which approach to franchising continues to experience strong growth:
Satisfaction
A state of fulfillment or contentment resulting from achieving what one desires or from the successful resolution of needs or challenges.
ERG Theory
A theory in psychology proposed by Clayton Alderfer that categorizes human needs into three groups: existence, relatedness, and growth.
Frustration-Regression Principle
A concept suggesting that when an individual encounters obstacles or frustrations, they may revert to earlier behaviors as a coping mechanism.
Maslow's Hierarchy
A theory in psychology proposed by Abraham Maslow, which illustrates a five-tier model of human needs, depicted as hierarchical levels within a pyramid.
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