Which of the Following Strategies for Fragmented Industries Grants the Right

question 32

Multiple Choice

Which of the following strategies for fragmented industries grants the right to use the parent's name,reputation,and business model in a particular location or area in return for a fee and often a percentage of the profits?

• A) Chaining
• B) Horizontal merger
• C) Vertical merger
• D) Franchising
• E) B2B

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Definitions:

Unconditioned Stimulus

A stimulus that instinctively and automatically provokes a reaction without needing any beforehand learning.

Insight Learning

A form of problem solving that occurs when a solution to a problem suddenly becomes apparent, often without trial-and-error behavior.

Law of Effect

A principle of learning that states behaviors followed by positive outcomes will be repeated, while those followed by negative outcomes will not.

Negative Reinforcement

A process in behavioral psychology where the removal of an unpleasant stimulus strengthens or increases the likelihood of a response.