Franchising Enables a Firm to Quickly Build a Global Presence

question 75

True/False

Franchising enables a firm to quickly build a global presence.

---

Definitions:

Competitive Market

A market structure characterized by many buyers and sellers where no single entity can significantly influence prices or market outcomes.

Unions

Organizations formed by workers to protect their rights and interests, typically through collective bargaining with employers.

United States

A country located in North America, consisting of 50 states, a federal district, and several territories.