A retail ownership form which combines independent ownership and managerial support is ________.

Question

Quizplus · Accepted Answer

Franchising is a retail ownership form that allows independent entrepreneurs (franchisees) to own and operate a business with the support and guidance of a larger company (franchisor). Franchisees benefit from the franchisor's established brand, marketing, and operational systems while still owning their own business.

A Retail Ownership Form Which Combines Independent Ownership and Managerial