Which of the following is an example of a franchised service firm?
A)Subway
B)Royal Sporting House
C)Barnes & Noble
D)Tiffany
E)Pier One Imports

Question

Quizplus · Accepted Answer

Subway is a franchised service firm, as its restaurants are owned and operated by individual franchisees who are granted the right to use the brand and operating system in exchange for fees and royalties. Royal Sporting House, Barnes & Noble, Tiffany, and Pier One Imports are all retail companies, but not necessarily franchised service firms.

Which of the Following Is an Example of a Franchised