Fast-food chains that allow individuals to purchase and operate a location for that chain are operating under what kind of business model?

Name: Fast-food chains that allow individuals to purchase and operate a location for that chain are operating under what kind of business model?
Brand: Quizplus
Rating: 4.7 (53 reviews)

Question

Quizplus · Accepted Answer

Franchising is a business model that allows individuals to purchase the rights to open and operate a location of a larger chain, sharing in the brand, operational support, and sometimes purchasing power of the franchisor.

Fast-Food Chains That Allow Individuals to Purchase and Operate a Location