Which of the Following Statements Is True About Licensing and Franchising

question 26

Multiple Choice

 Which of the following statements is true about licensing and franchising?

• A) They involve setting up a fully operational, independent entity in a foreign country to conduct business.
• B) Unlike franchising, licensing is used by service firms such as hotels and fast-food chains.
• C) Like franchising, licensing is a high-cost means of market entry.
• D) The most important risk involved with licensing is the potential loss of proprietary advantage.

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Definitions:

Physical Violence

The use of physical force with the intent to harm or intimidate another individual, ranging from minor instances to severe acts.

Sexual Violence

Any sexual act or attempt to obtain a sexual act by violence or coercion, acts to traffic a person or acts directed against a person's sexuality, regardless of the relationship to the victim.

Intimate Partnership

A close personal relationship between two individuals, often involving emotional, physical, and sexual connections.

Alcohol

A psychoactive substance commonly found in beverages like beer, wine, and spirits, which can lead to addiction and various health issues when consumed in excess.