Franchisors

question 266

Multiple Choice

Franchisors

• A) account for about a third of all retail sales.
• B) often provide franchise holders with training.
• C) usually receive fees and commissions from the franchise holder.
• D) are especially popular with services retailers.
• E) all of these alternatives are correct for franchisors.

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Definitions:

Slack

The amount of time a project task can be delayed without causing a delay to subsequent tasks or the entire project.

Profit Margins

The percentage of revenue remaining after all operating expenses, taxes, and costs are paid, indicating the profitability of a company.

Maximum Amounts

The highest allowable quantities or levels for inventory, budgets, or resources within a specific context to prevent overallocation or waste.

Slack

The amount of time a task in a project can be delayed without causing a delay to subsequent tasks or the overall project timeline.