GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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olivia runs a home based business that distributes high quality, handmade baskets. she sells the products and earn commissions on the baskets sold by 4 other basket representatives. this is an example of ____
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product trade-name franchising
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multi-level marketing
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strategic partnering
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product licensing
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Explanation:
Detailed explanation-1: -The most common forms of business ownership are sole proprietorship, partnership, limited liability partnership, limited liability company (LLC), series LLC, and corporations, which can be taxed as C corporations or S corporations.
Detailed explanation-2: -Which of the following is a characteristic of a product trade-name franchise: The franchisee can choose the name of the business.
Detailed explanation-3: -Starting a new business. Buying an existing business. Buying a franchise. Taking over a family business.
There is 1 question to complete.