Franchising Is Essentially the Service-Industry Version of Licensing,although It Normally

question 88

True/False

Franchising is essentially the service-industry version of licensing,although it normally involves much longer-term commitments than licensing.

---

Definitions:

Educational System

An organized structure for delivering education to the population through a series of institutions, policies, and resources.

Credential Inflation

The increasing demand for higher educational qualifications for jobs that previously required lower qualifications, leading to devaluation of certain degrees.

Professionalization

The process by which a trade or occupation transforms into a true profession, typically requiring a higher level of education, training, and adherence to standards of conduct.

Conflict Account

A theoretical perspective that emphasizes the role of conflict, competition, and constraint within social relationships or systems.