Edward Is Talking with Juan About Purchasing a Wendy's Franchise

question 66

Multiple Choice

Edward is talking with Juan about purchasing a Wendy's franchise. Juan tells Edward that one of the major advantages of franchising for him to consider is the

• A)higher start-up costs.
• B)greater freedom it provides.
• C)individuality it offers.
• D)higher success rate for franchises.
• E)gross margin it provides.

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Definitions:

Reinforcement

In psychology, the process of encouraging or establishing a belief or pattern of behavior, especially by encouragement or reward.

Behavior

Actions or reactions of an entity or organism, often in response to the environment, showcasing a broad spectrum of activity.

Stimulus

any object or event that elicits a sensory or behavioral response in an organism.

Probability

A mathematical measure of the likelihood of a particular event occurring, expressed as a number between 0 and 1.