What Type of Contractual System Describes a Situation Where Assistance

question 90

Multiple Choice

What type of contractual system describes a situation where assistance in selecting the location, setting up the store or facility, advertising, and training personnel is provided?

• A)administered system
• B)franchising system
• C)conglomerate system
• D)vertical integrated system
• E)retail-sponsored cooperative

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Definitions:

Job Simplification

The process of reducing the complexity of a job by limiting the number of tasks or operations involved, often with the aim of improving efficiency and productivity.

Work Standards

Established expectations and requirements for performance and behavior in the workplace, guiding how tasks should be performed.

Incentive Wage Plans

Compensation schemes designed to motivate employees by linking pay directly to performance or productivity levels.

Motion Study

An analysis technique aimed at improving work efficiency by breaking down tasks into their fundamental motions and eliminating those that are unnecessary.