Answered step by step
Verified Expert Solution
Question
1 Approved Answer
What is the main difference between MLM companies and pyramid schemes? MLMs require members to pay money upfront to join, while pyramid schemes do not.
What is the main difference between MLM companies and pyramid schemes? MLMs require members to pay money upfront to join, while pyramid schemes do not. MLMs offer training and support to members, while pyramid schemes do not. MLMs generate profits from the recruitment of new members and the sales of products or services, while pyramid schemes mainly generate profits from the recruitment of new members. MLMs and pyramid schemes are the same thing
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started