Which of the following statements is incorrect regarding franchising?
A) Franchising is growing in popularity in the U.S.
B) There are some instances in which franchising is not appropriate.
C) New technologies are often introduced through franchise systems.
D) Franchising, by its very nature, involves the sharing of knowledge between a franchisor and a franchisee.
E) The failure rate for franchise systems is relatively high.
Correct Answer:
Verified
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