Franchising Is a Form of Business Organization in Which a Firm

question 45

True/False

Franchising is a form of business organization in which a firm that already has a successful product or service licenses its trademark and method of doing business to other businesses in exchange for an initial franchise fee and an ongoing royalty.

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Definitions:

Coping

Strategies or mechanisms adopted by individuals to manage stress, emotions, or difficulties.

PTSD

Post-Traumatic Stress Disorder (PTSD) is a psychiatric disorder that can occur in people who have experienced or witnessed a traumatic event.

Stressful Event

A situation or occurrence that causes significant strain or pressure, potentially triggering a stress response in individuals.

Unpredictable

Describes something that cannot be predicted or foreseen, often due to a lack of information or inherent variability.