Which of the Following Statements Is Incorrect Regarding Franchising

question 17

Multiple Choice

Which of the following statements is incorrect regarding franchising?

• A) Franchising is growing in popularity in the U.S.
• B) There are some instances in which franchising is not appropriate.
• C) New technologies are often introduced through franchise systems.
• D) Franchising, by its very nature, involves the sharing of knowledge between a franchisor and a franchisee.
• E) The failure rate for franchise systems is relatively high.

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Definitions:

Agreeableness

A personality trait that reflects a person's tendency towards kindness, empathy, and cooperation versus antagonism.

Personality Inventory

A questionnaire or assessment tool used to evaluate and measure various aspects of an individual's personality traits and characteristics.

DSM-5

The Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition, a handbook used by healthcare professionals as the authoritative guide to the diagnosis of mental disorders.

Big Five Traits

Refers to the five main facets of human personality, including openness to experience, conscientiousness, extraversion, agreeableness, and emotional stability.