Chris Jaffe, the owner of a small independent doughnut shop, is worried that a large doughnut franchise will open an outlet near her location and take away business
Taking a proactive approach, Jaffe contacts the franchise, and after a few months of negotiations, becomes a franchisee. Jaffe is an example of which trend in franchising?
A) Cobranding
B) Conversion
C) Master
D) Subfranchising
B
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All of the following are disadvantages of using insurance in a corporate risk management program EXCEPT:
(a) premium payments are not tax deductible (b) insurance coverage may be expensive (c) it may be time consuming to negotiate the coverages and terms (d) the presence of insurance may lead to reduced incentives to engage in loss control
Ethical behavior and integrity for a leader is most likely to result in:
A) higher subordinate satisfaction and trust B) higher ratings for the leader by bosses C) higher unit performance D) less stress for the leader