Which of the Following Is True of Franchising

question 55

Multiple Choice

Which of the following is true of franchising?

• A)It is a form of contract manufacturing.
• B)It has grown rapidly in recent years.
• C)It is restricted to the market of fast-food restaurants.
• D)It requires an export agent and an export broker to be successful.

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Definitions:

External Events

Occurrences happening outside of an individual that can affect mood, behavior, and perceptions.

Internal Factors

Influences that originate within a person, such as beliefs, values, and personal drive.

Generalized Expectancies

Beliefs or assumptions about how general traits or behaviors are likely to be rewarded or punished in various situations.

Reinforcement Value

The degree to which the outcome of a behavior increases the likelihood of the behavior's recurrence.