A Franchisor's Record of Success Can ________

question 34

Multiple Choice

A franchisor's record of success can ________.

• A) Provide a significant advantage for your business start-up
• B) Be a concern for a franchisee
• C) Never provide help for start-up
• D) Be proven
• E) Not be counted on

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Definitions:

Shadow Organisation

An informal network within an organization that operates based on personal interactions and relationships, rather than formal structures.

Management Strategy

A comprehensive plan to align company operations, resources, and actions with its goals, emphasizing efficiency and competitiveness.

Financial Manager

A professional responsible for managing an organization's financial health, including planning, investment, and risk management.

Horizontal Silos

Departments or units within an organization that operate in isolation from each other, leading to a lack of communication and cooperation across different areas.