In a franchise business, the party paying the franchise fee is known as the
A. franchisee.
B. franchisor.
C. entrepreneur.
D. business owner.
E. manager.
Answer: A
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During the interview process, who is most likely to get the job?
A) The candidate with the best skills B) The lowest priced candidate C) The candidate with the most experience D) The candidate who is best prepared E) The candidate who is most flexible
How are solutions initially presented in the team problem-solving process?
a. by a nominated leader of the group with input by the solution writer b. by each team member individually, followed by commentary after reading c. by each team member individually without comment from others d. anonymously, by a nominated leader
Which of the following statements about the Lanham Act is true?
A. Registering under the Lanham Act does not help protect a trademark to be used in foreign markets. B. It spells out what kinds of brand names can be protected. C. Registration under the Lanham Act only applies to licensed brands. D. It makes registration of a brand name mandatory. E. All these statements are true.
The cycle view of the supply chain is useful when considering operational decisions, because
A) it categorizes processes based on whether they are initiated in response to or in anticipation of customer orders. B) it specifies the roles and responsibilities of each member of the supply chain. C) processes are identified as either reactive or speculative. D) it focuses on processes that are external to the firm.