The Use of ________,________,And ________ Enable Franchises to Achieve a Level

question 82

Multiple Choice

The use of ________,________,and ________ enable franchises to achieve a level of coordination similar to that found in retail chain organizations.

• A) prototype stores; standardized merchandise lines; cooperative advertising
• B) royalty-based rental agreements; exclusive territories; franchisee training
• C) franchisee training; prototype stores; independence in setting store hours
• D) cooperative advertising; merchandise lines that are related to regional and local preferences; product/trademark franchising

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Definitions:

Common Law

refers to law derived from judicial decisions of courts and similar tribunals, as opposed to statutes or regulations.

Employment Standards Act

A body of law that establishes minimum employment conditions such as wages, hours of work, and leave entitlements.

Wrongful Dismissal

Termination of an employee's contract of employment in breach of the contract or without proper legal reason.

Corporate Reorganization

The restructuring of a company’s business operations, such as through mergers, acquisitions, or bankruptcy proceedings, often to increase efficiency or profitability.