Which of the Following Is True About a Franchise

question 45

Multiple Choice

Which of the following is true about a franchise?

• A) It is one of the least common ways to get involved in a business.
• B) It runs under the franchisee's name and guidance.
• C) The franchise parent receives a flat fee from the franchisee.
• D) It makes use of things like opensource software, while containing costs, staying small, and keeping operations as simple as possible.
• E) It refers to a business in which material or goods are given to another person, but ownership is retained until the goods are sold.

Grasp the processes of acculturation in the family dynamic.

Learn the traditional family life cycle and its phases.

Differentiate between generalist practitioners and family therapy specialists.

Understand ethical considerations in soliciting personal information from clients.

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Definitions:

Wage Freezes

policies or agreements that temporarily halt increases in employee wages, often implemented during economic downturns or as part of cost-saving measures.

Industrial Relations School

A field of study that examines employment relationships, including the interactions between employers, employees, and the regulations and policies affecting work environments.

Competitive Forces

The pressures that firms in the same industry face from competitors, which influence their strategies and market positioning.

Committee Of Employees

A group of workers selected or elected to represent the interests of their colleagues, often in discussions with management or in union activities.