The first,second and third growth wave in franchising respectively,are:
A) low-cost franchises that focus on niche markets;shift to service sector;fast-food restaurant using the concept of rapid growth.
B) fast-food restaurant using the concept of rapid growth;shift to service sector;low-cost franchises that focus on niche markets.
C) low-cost franchises that focus on niche markets;fast-food restaurant using the concept of rapid growth;shift to service sector.
D) shift to service sector;low-cost franchises that focus on niche markets;fast-food restaurant using the concept of rapid growth.
Correct Answer:
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