Which of the Following Is NOT TRUE in Describing Characteristics

question 46

Multiple Choice

Which of the following is NOT TRUE in describing characteristics of franchise?

• A)The franchise ownership format attempts to combine the advantages of owner-managed businesses with the efficiencies of centralized decision making in chain store operations
• B)Franchisees are motivated to make their stores successful because they receive the profits
• C)The franchisor is motivated to develop new products and to promote the franchise because it receives a royalty on all sales
• D)The franchisor is solely responsible for financing advertising,product development,and system development

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Definitions:

Institutionalized Conflict

Conflict that occurs when a conflict factor is built into the structure of the organization.

Self-Definition

The way in which an individual perceives, defines, and describes themselves based on their beliefs, values, and experiences.

Democratic Vote

A system where decisions are made based on the majority of votes cast by members of a group or society.

Win-Win Approach

A conflict resolution strategy where all parties work together to find a solution that satisfies everyone's interests, ensuring mutual benefit.