Samuel has decided to buy a small pretzel shop, where he will be expected to pay fees and royalties for exclusive rights to local distribution of pretzels made at the shop. Samuel can best be described as a/an ______.
A) franchisor
B) franchisee
C) CEO
D) social entrepreneur
Correct Answer:
Verified
Q1: The parent company that develops a product
Q2: Business-format franchising is commonly used in which
Q3: Franchises have experienced growth since the 1950s,
Q4: The small business person who purchases the
Q5: Franchised businesses directly produce almost _ jobs.
A)
Q7: Today, franchising is represented in almost every
Q8: A contractual license to operate an individually
Q9: The process of gathering and verifying the
Q10: A type of franchise in which the
Q11: The greatest benefit to the franchisee is
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