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Control helps managers respond more effectively to customers.
Management Structure
The hierarchical arrangement of lines of authority, communications, rights, and duties within an organization.
Franchise
A business model that allows individuals to own and operate their branch or location of an existing larger brand or business.
Disadvantages
The negative or less favorable aspects of a situation, decision, or business strategy.
Franchisor
A business entity that allows individuals or other businesses to operate a location or outlets under its brand name, providing a business model, brand, and support in exchange for fees and adherence to its operational guidelines.
Q15: What are the different factors that determine
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Q36: The first step in implementing a strategy
Q45: Which of the following is true of
Q46: It's easier for managers to communicate and
Q65: List and briefly explain the different methods
Q67: Groups established by managers to attain organizational
Q95: Define motivation and describe the psychological factors