Which of the Following Statements Is FALSE

question 36

Multiple Choice

Which of the following statements is FALSE?

• A) Franchising is most appropriate in fragmented industries.
• B) Franchising provides corporate growth with less risk than do mergers and acquisitions.
• C) Successful franchising allows transfer of knowledge and skills from the franchisor to the franchisee.
• D) Franchising agreements require more trust between firms than do other cooperative strategies.

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Definitions:

Conventional Stage

A phase in moral development where individuals' behavior is guided by conforming to the societal expectations and rules.

Moral Reasoning

The thought process involved in determining right from wrong and making ethical decisions.

Social Contract

A theory in political philosophy suggesting that people's moral and political obligations are dependent upon a contract or agreement among them to form the society in which they live.