Which type of retail ownership is owned and operated by an individual but is licensed by a larger supporting organization?
A) independent retailer
B) chain store
C) franchise
D) cooperative
E) secondary retailer

Name: Which type of retail ownership is owned and operated by an individual but is licensed by a larger supporting organization? A) independent retailer B) chain store C) franchise D) cooperative E) secondary retailer
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A franchise is the right to operate a business or to sell a product.

Which Type of Retail Ownership Is Owned and Operated by an Individual