Which of the Following Is NOT True About Franchising

question 58

Multiple Choice

Which of the following is NOT true about franchising?

• A) It is the practice in which the parent firm is obligated to provide specialized equipment and/or service,and sometimes to fund some startup costs,to franchisees in return for an annual fee.
• B) Franchisees receive technical assistance from the parent company,along with customer-service training.
• C) In franchising,the parent firm assumes relatively less risk than with licensing.
• D) The parent company's objective is to make sure that when a customer visits a franchise in any country,the quality of products and services provided are similar.
• E) Franchising typically leads to the penetration of international markets without significant capital investment abroad by a parent company.

Comprehend the cognitive development processes in infants and children with respect to object permanence, number understanding, and conservation tasks.

Appreciate the legacy and criticisms of Piaget's work in contemporary psychology.

Describe the habituation technique and its significance in studying infant cognition.

Analyze the development of language and morality from the perspective of cognitive development theories.

---

Definitions:

Vandalism Damage

Destruction or damage to property that is willfully or maliciously caused, which can result in financial loss for businesses or individuals.

Straight-Line Depreciation

A method of calculating the depreciation of an asset, which assumes the asset will lose an equal amount of value each year over its useful life.

Residual Value

The estimated value that an asset will realize upon its disposal at the end of its useful life, after depreciation.

Estimated Life

Estimated life is the expected duration or lifespan of an asset, often used in calculating depreciation.