A ________ is a business that markets a product or service in the manner prescribed by the parent business.

Question

Quizplus · Accepted Answer

A franchise is a business that markets a product or service in the manner prescribed by the parent business, following a specific set of rules and regulations set by the franchisor. The franchisee pays a fee to use the parent company's business model and has the benefit of established branding and marketing strategies.

A ________ Is a Business That Markets a Product or Service