When Is Franchising Appropriate (From the Business Owner's Point of View)

question 39

Essay

When is franchising appropriate (from the business owner's point of view)? Provide an example of when franchising is appropriate and when it is inappropriate.

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Definitions:

Regression

A statistical method used to examine the relationship between one or more independent variables and a dependent variable.

Dependent Variable

The variable in an experimental setting that is expected to change in response to manipulations in the independent variable.

Independent Variable

A factor in a model or study that is deliberately altered to examine its impact on the variable that is being measured.

Coefficient Of Determination

A statistical measure that determines the proportion of variance in the dependent variable predictable from the independent variable(s).