A Franchise Myth Is That

question 6

Multiple Choice

A franchise myth is that:

• A) once the franchise is open, the franchisee has autonomy to run the business in what ever way he or she sees fit.
• B) the owner needs to be hands on.
• C) the franchise will only expect to be paid when the franchisee is profitable.
• D) franchises fail at a rate higher that independently owned businesses.

Analyze the effects of media on privacy, net neutrality, and Internet regulation.

Critically evaluate the representation of various demographics and ideologies in media.

Understand the role of media as both a producer and distributor of content and its impact on culture.

Critique the role of media as a socializing agent and its effects on children and society.

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Definitions:

Warehouse

A facility for storing goods that are being prepared for distribution or sale.

Profitability Index

A financial tool that calculates the ratio of the present value of future cash flows to the initial investment cost, determining the attractiveness of an investment.

Payback Period

The duration it takes for an investment to recoup its initial costs through profits or savings.

Scrap Value

The estimated resale value of assets at the end of their useful life or the value of leftover materials after the production process.