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Franchising Opportunities Have Often Evolved from Changes in the Environment

question 51

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Franchising opportunities have often evolved from changes in the environment as well as important social trends.This is not one of the factors responsible:


Definitions:

Cognitive Fit

The degree to which information presentation aligns with an individual's cognitive processes, enhancing understanding and decision-making.

Parent Brand Image

The overall perception of a parent company, which can influence the recognition and reception of its subsidiary brands.

Brand Extension Authenticity

The genuine and credible expansion of a brand into new categories or markets, maintaining its core values and identity.

Sincerely Motivated

denotes a state of being genuinely driven or inspired to act or accomplish something without hidden agendas.

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