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There Are Two Basic Forms of Franchising: Product and Service

question 37

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There are two basic forms of franchising: product and service franchising.


Definitions:

Selection Method

The process or technique used by organizations to choose the most suitable candidates from a pool of applicants.

Psychological Testing

The use of formal tests to evaluate an individual's mental functions and behaviors, often used in the hiring process to assess potential employees.

Structured Interview

A selection interview that consists of a predetermined set of questions for the interviewer to ask.

Compensation Systems

Arrangements or methods used by organizations to pay and reward employees for their work.

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