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Pinetops Resorts, an American Company, Sells the Rights to Other

Question 38

Multiple Choice

Pinetops Resorts, an American company, sells the rights to other hospitality companies globally to open resorts with the Pinetops name for a fee and a share of the profit, in return for using Pinetops' brand name and a package of materials and services. Pinetops is engaged in


A) franchising.
B) importing.
C) offshoring.
D) exporting.
E) countertrading.

Correct Answer:

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