According to the Evidence Provided in the Textbook,the Return on Investment

question 8

Multiple Choice

According to the evidence provided in the textbook,the return on investment and pay-back period of apprenticeship programs is best described by which of the following statements?

• A) negative return on investment and short pay-back periods
• B) neutral return on investment and fairly long pay-back periods
• C) positive return on investment and short pay-back periods
• D) positive return on investment and long pay-back periods

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Definitions:

Wholesaler-Sponsored Voluntary Chains

A retailing strategy where independent retailers band together under a wholesaler's brand and distribution system to compete with larger chains.

Franchises

Business model that allows individuals or entities (franchisees) to operate a business under the established brand and operational system of the franchisor in exchange for a fee and ongoing royalties.

Self-Service

refers to a system or process that allows customers to perform services for themselves without direct assistance from staff, commonly seen in retail, banking, and online platforms.

Zipcar

A car-sharing company that allows individuals to rent cars by the hour or day, based on an online reservation system.