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Organizations and Individuals Have Values and Value Systems

question 28

True/False

Organizations and individuals have values and value systems.


Definitions:

Agreement

A negotiated and typically legally binding arrangement between parties as to a course of action.

Business-format Franchising

A franchising arrangement where the franchisee receives not just a brand name but an entire system for operating the business.

Product-distribution Franchising

A type of franchising that allows the franchisee to sell the franchisor's products and to use the franchisor's trademark and distribution system.

Turnkey Approach

A service or product solution that is delivered in a complete and ready-to-use condition, requiring minimal effort from the buyer to implement or activate.

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