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For a Cost, Huma Can Open Up a Jimmy John's

Question 108

Short Answer

For a cost, Huma can open up a Jimmy John's store in her hometown of Detroit, Michigan. The parent company has agreed to let Huma use its company name. Additionally, the company will give her support for her operational and marketing efforts. What type of market entry strategy is this?
A)licensing
B)franchising
C)joint venture
D)direct ownership
E)contract manufacturing

Correct Answer:

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