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Crunch and Munch Is the Country's Favorite Fast-Food Vendor of Fried

Question 89

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Crunch and Munch is the country's favorite fast-food vendor of fried chicken.Over the years,the company has diversified into providing a larger variety of snacks like hot dogs,burritos,and burgers,but consumers still consider it the best seller of fried chicken.Many parties have approached Crunch and Munch with offers to buy the company,but Crunch and Munch continues to operate through its stores and franchise outlets.What is franchising? Why would franchising be a good contractual system for Crunch and Munch?

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A franchise is a contractual association...

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