Franchises Constitute Only a Small Portion of All Retail Sales

question 8

True/False

Franchises constitute only a small portion of all retail sales in the United States.

---

Definitions:

Allocate Production

A business or economic strategy that involves distributing or assigning resources or production efforts in a specific way, often to maximize efficiency or meet certain goals.

Quality of Performance

A measure of the effectiveness and efficiency with which tasks or duties are executed, often evaluated against set standards.

Delegating Duties

The act of entrusting tasks or responsibilities from a higher authority to a subordinate or another party.

Seller's Business

The overall operation, activities, and entrepreneurial endeavors associated with selling goods or services by a seller.