Franchising Is Not an Appealing Strategy for Growth-Oriented Service Firms

question 41

True/False

Franchising is not an appealing strategy for growth-oriented service firms because franchisees tend to be less motivated and less concerned about quality than managers in company-owned stores.

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Definitions:

Global Trade Agreements

Treaties or agreements between countries that facilitate trade and economic cooperation on a global scale.

Toxic Materials

Substances that are harmful or deadly to living organisms when introduced or absorbed.

Electronic Devices

Equipment that uses the principles of electronics to function, including smartphones, computers, and televisions.

Toxic Waste

Hazardous materials requiring careful disposal to protect human health and the environment.