McDonald's, Subway, and Jiffy Lube Are All Examples of ________

question 73

Multiple Choice

McDonald's, Subway, and Jiffy Lube are all examples of ________.

• A) voluntary chains
• B) retailer cooperatives
• C) franchises
• D) category killers
• E) power centers

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Definitions:

Accounts Payable

Money owed by a business to its suppliers or creditors for goods or services received.

Inventory

The raw materials, work-in-process products, and finished goods that are considered to be the portion of a business's assets that are ready or will be ready for sale.

Interest-Bearing Note

A debt instrument that pays interest to the holder until the maturity date, at which point the principal is repaid.