Licensing Is Primarily Used by Service Organizations and Franchising Is

question 86

True/False

Licensing is primarily used by service organizations and franchising is primarily used by manufacturing organizations.

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Definitions:

Needs Analysis

The process of determining and addressing the needs or gaps between current conditions and desired conditions or wants in organizational settings.

Organizational Analysis

An examination of an organization's structure, processes, and systems to identify strengths and areas for improvement.

Departmental Analysis

An evaluation process aimed at understanding the functions, performance, and needs of different business units within an organization.

Per-Employee Expenditures

The amount of money spent by an organization for each employee, which can cover salaries, benefits, training costs, and other related expenses.