McDonald's is an example of a firm that uses _____.

Name: McDonald's is an example of a firm that uses _____.
Brand: Quizplus
Rating: 4.9 (46 reviews)

Question

Quizplus · Accepted Answer

The franchiser often assists the franchisee to run the business on an ongoing basis. As with licensing, the franchiser typically receives a royalty payment, which amounts to some percentage of the franchisee's revenues. McDonald's is a good example of a firm that has grown by using a franchising strategy.

McDonald's Is an Example of a Firm That Uses _____