GK
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Subway is an example of a ____
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FreemiumBusiness
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Subscription Business
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Franchise
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Non-profit business
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Explanation:
Detailed explanation-1: -In the fast food industry, Subway is an extremely well-established licensor of its sandwich stores. In fact, Subway is among the largest fast-food companies in the world in terms of store count, with more than 37, 000 restaurants. 1 It is no surprise that it is also one of the most popular businesses to franchise.
Detailed explanation-2: -Term of Agreement and Renewal: The length of the franchise term is 20 years, with the exception of satellite restaurants and the school lunch program.
There is 1 question to complete.