Rizwan Decides to Purchase and Operate a Subway Restaurant

question 44

Multiple Choice

Rizwan decides to purchase and operate a Subway restaurant. What is Rizwan's role in this scenario?

• A) supplier
• B) franchisee
• C) licensor
• D) franchisor

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Definitions:

Random Variable

A variable whose values are determined by the numerical results of a random event.

Independent

Not influenced or controlled by others; in statistics, variables that are not affected by other variables in the model.

Weekly

Pertaining to something that occurs, is done, calculated, or issued every week.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, indicating how much the values differ from the mean of the set.