You Have Decided to Open a Pet Store and Have

question 148

Multiple Choice

You have decided to open a pet store and have engaged in a contract with Dog N' Cat Centers,Inc.You and the company have drawn up an agreement that allows you to use the company's name and its proven method of doing business,to receive training,and to use its advertising materials.In this agreement,Dog N' Cat is the ____ and you are the ____.

• A) entrepreneur;corporation
• B) franchisor;franchisee
• C) employee;employer
• D) entrepreneur;local chain
• E) corporation;manager

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Definitions:

Code of Ethics

A guide of principles designed to help professionals conduct business honestly and with integrity.

Descriptive Statistics

Statistical methods that summarize and organize the characteristics of a set of data.

Experimental Research

A research method involving the manipulation of variables to establish cause-and-effect relationships.

Cause and Effect

The principle that actions or events lead to a certain consequence or outcome, wherein the cause is why something happens, and the effect is what happens.