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Colton is completing a long personality inventory, and he doesn't really want to take the time to read each of the questions in detail. Instead, he simply disagrees with all the statements. Which of the following describes Colton's method of completing the personality inventory?
Licensing
A business arrangement in which one company gives another company permission to manufacture its product for a specified payment.
Least Risky
Describes an option or decision that poses the smallest potential for loss, harm, or adverse outcomes.
Joint Venture
A business arrangement where two or more parties agree to pool their resources for the purpose of accomplishing a specific task or project.
Franchising
A method of conducting business wherein a franchisor licenses trademarks and proven methods of doing business to a franchisee in exchange for a recurring payment, and often a percentage of the franchisee's revenue.
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