Trend Analysis Requires the Establishment of a Base Year for Comparison

question 54

True/False

Trend analysis requires the establishment of a base year for comparison purposes.

---

Definitions:

Franchisors

Individuals or companies that grant a license to others allowing them to operate a business under the franchisor's brand and business model.

Experience

The knowledge or skill acquired by a period of practical involvement in or exposure to events or activities.

Franchised Businesses

Companies that operate under the model where individuals (franchisees) are granted the rights by a franchisor to operate a business under the franchisor's brand and system in exchange for a fee.

Jobs

are roles or positions within organizations or society that individuals occupy for wages or salaries.