Your friend has just been awarded a franchise in a particular industry. He explains that his franchisor has licensed him to sell and distribute a product to retailers. Knowing that this type of franchise arrangement is most common in one particular industry, you suspect that your friend has obtained a franchise in the ____ industry.

Question

Quizplus · Accepted Answer

The soft-drink industry commonly uses the franchise model described, where the franchisor licenses franchisees to sell and distribute its products to retailers. This model is prevalent in the soft-drink industry, allowing for widespread distribution and local market penetration.

Your Friend Has Just Been Awarded a Franchise in a Particular