Pandy's, a Canadian restaurant chain, promotes its business in Latin America with the hopes of offering prospective buyers the opportunity to open and operate Pandy's restaurants in their countries. Pandy's corporate management offers financial and marketing assistance to ensure success within established guidelines. How would you classify Pandy's and the prospective buyer?

Question

Quizplus · Accepted Answer

Pandy's is offering a business opportunity for prospective buyers to open and operate Pandy's restaurants in their countries. The fact that Pandy's is offering financial and marketing assistance and established guidelines indicates that they are a franchisor. The prospective buyer would be the franchisee. Therefore, the correct choice is D.

Pandy's, a Canadian Restaurant Chain, Promotes Its Business in Latin