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For a Fee, Greta Can Open a Subway Shop in Her

Question 97

Multiple Choice

For a fee, Greta can open a Subway shop in her hometown of Munich. The parent company has agreed to let Greta use its company name and will give her marketing and operational support. What type of arrangement is this?


A) direct ownership
B) joint venture
C) contract manufacturing
D) franchising
E) licensing

Correct Answer:

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