Which of the following statements about franchises is TRUE?
A) A franchise is a separate legal entity.
B) A franchise is one type of corporation
C) A franchise is not a separate legal entity
D) A franchise is one form of limited partnership
E) A franchise is one type of joint venture.
C
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Susan noticed her team was getting behind schedule, so she assumed extra responsibilities to help the team meet its deadlines. Taking on responsibilities beyond her assigned role is an example of ______.
A. sequential tasks B. role making C. pooled task D. task interdependence E. role functionality
Firms are most likely to form _____________ with members at other levels in the supply chain (either suppliers, distribution channel members, or customers)
a. vertical partnerships b. horizontal partnerships c. product development alliances d. joint ventures e. None of the above