Examlex
Describe the advantages and disadvantages of foreign franchising. Give examples of companies currently franchising abroad to support your answer.
Overreward Inequity
A situation where an individual perceives they are getting more rewards than they believe they deserve compared to others.
Frustration-Regression
A psychological phenomenon observed in goal-oriented behavior, where an individual facing obstacles regresses to less mature behaviors or simpler strategies in order to deal with frustration.
Equity Theory
A theory in social psychology that explains how individuals perceive fairness in distribution of resources within interpersonal relationships, leading to satisfaction or dissatisfaction.
Needs Hierarchy Theory
A motivational theory proposing that humans have a hierarchy of five needs, ranging from basic physiological needs to self-actualization, which influence behavior.
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