Which of the Following Is True of Franchising

question 12

Multiple Choice

Which of the following is true of franchising?

• A) It is similar to exporting.
• B) It is commonly employed by manufacturing firms.
• C) A franchisee agrees to abide by strict operating procedures.
• D) It involves short-term commitments.

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Definitions:

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The proportion of people in the labor force who are unemployed and actively seeking work.

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The branch of economics that studies how individuals, households, and firms make decisions to allocate limited resources, typically in markets where goods or services are being bought and sold.

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Positive Economics

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