McDonald's, 7-Eleven, and Subway are examples of
A)product-distribution franchises.
B)business franchise venture.
C)business-format franchises.
D)manufacturing franchises.
E)general service franchise.

Question

Quizplus · Accepted Answer

McDonald's, 7-Eleven, and Subway are all examples of business-format franchises. This type of franchise arrangement involves a franchisor providing a complete business system to the franchisee, including brand identity, products or services, operational guidelines and support. The franchisee pays an initial fee and ongoing royalties in exchange for the right to use the franchisor's business model and trademarks.

McDonald's, 7-Eleven, and Subway Are Examples of