A franchise is a method of doing business in which ________.
A) an entrepreneur sets up and manages a small business based on an innovative idea or product
B) a company's products or services are sold to independent third-party operators under the company's name
C) a company buys ownership of another company and absorbs its employees and customer base into its own structure
D) a business is able to achieve rapid sales growth in the service sector due to taking advantage of many advertising opportunities
Correct Answer:
Verified
Q34: Which of the following does a franchise
Q35: Technology has had a significant impact on
Q36: If you are planning to start a
Q37: Martha has just bought a video store
Q38: Harvard student Mark Zuckerberg came up with
Q40: The majority of franchises operate within which
Q41: _ of all startups fail in two
Q42: Many e-commerce businesses failed in the late
Q43: In determining the value of an existing
Q44: Which of the following statements BEST explains
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents