Which of the following statements about recent trends in franchising is TRUE?
A) Franchising grew rapidly but has leveled off at one-third of retail sales.
B) Franchising is growing rapidly and is projected to account for half of all retail sales.
C) Franchising grew rapidly until about 1975,but its percentage of retail sales is now on the decline.
D) Franchising has not been a big factor in U.S.retail sales due to its high costs.
E) Franchising has declined in popularity because of the high risk it involves.
Correct Answer:
Verified
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