The First Recognized Business Format Franchise Arrangement Was Established in 1891

question 122

True/False

The first recognized business format franchise arrangement was established in 1891 when Martha Matilda Harper began offering franchises in her hair salon business.

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Definitions:

Brainstorming

A creative group activity aimed at generating a large number of ideas or solutions for a specific problem or challenge.

Cross-Functional Teams

Groups composed of members from different departments working together towards a common goal.

Diversity

The inclusion of individuals representing more than one national origin, color, religion, socioeconomic stratum, sexual orientation, etc.

Problem Solving

The process of identifying a problem, devising and implementing solutions, and evaluating the outcomes.