GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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wendys sells the right to operate its restaurants to individuals who meet the company’s criteria. the arrangement between wendys and these indiviuals is an example of ____
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multi-level marketing
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a partnership agreement
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franchising
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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: -Examples of economic services Programs might include job search training, skill training and educational services.
Detailed explanation-3: -Franchise. A contractual agreement between a parent company and a franchisee to distribute goods or services. Franchisee. One who buys the right to sell the goods or services of the parent company (franchisor) Franchising.
There is 1 question to complete.