Examlex
Explain the concepts of positive and negative reinforcement and positive and negative punishment and give examples of each.
Franchises
A business model that allows individuals to operate their own outlets using the branding, products, and operational knowledge of an established company.
Franchisees
Individuals or entities that acquire the rights to operate a business under a franchisor's brand and system.
Franchisors
Companies or individuals that grant licenses to third parties to conduct business under their trademark and business model.
International Franchise
A business model where a company allows an individual or other business to operate a franchise in a foreign country using its brand, trademark, and products.
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