The treasury function of most firms, the group typically responsible for transaction exposure management, is NOT usually considered a profit center

Which of the following is most likely a problem for international franchisors?

A) Franchisees are unwilling to modify products for local needs. B) Currency exchange rates reduce the profits of franchisees. C) Franchisors cannot afford to send company executives to each franchise. D) Franchisees use franchise knowledge to start a competing business.

An activity diagram concentrates on the order of activities

Indicate whether the statement is true or false