A Company Operating Multiple Retail Units Under Common Ownership and Usually

question 46

Multiple Choice

A company operating multiple retail units under common ownership and usually has centralized decision making for defining and implementing its strategy is called a:

• A) franchise
• B) full-line discount stores
• C) retail chain
• D) single-store establishment
• E) wholesale-sponsored voluntary cooperative group

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Definitions:

Temporal Lobes

Regions of the brain located on either side of the brain, responsible for processing auditory information and encoding memory.

Frontal Lobes

The frontal lobes are a region of the brain involved in executive functions such as decision making, problem-solving, control of purposeful behaviors, consciousness, and emotions.

Karl Lashley

An American psychologist and behaviorist well-known for his contributions to the study of learning and memory, and for searching for the engram, the physical embodiment of memory.

Operant Conditioning

A learning process through which the strength of a behavior is modified by reinforcement or punishment.