There Are Two Major Classes of Franchising

question 26

Multiple Choice

There are two major classes of franchising. One is business format franchising. What is the other one?

• A) market franchising
• B) product franchising
• C) in-house franchising
• D) multisite franchising

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Definitions:

Business-IT Alignment

The process of ensuring that an organization's information technology supports and is in harmony with its business strategies and objectives.

Strong Alignment

The state in which a company’s strategies, activities, and resources are cohesively directed towards achieving its goals, often emphasizing a unified direction and purpose.

Good Reputation

The general public’s positive perception of a person, company, brand, or product, based on their actions, ethics, and past performance.

Green IT

Practices and technologies that improve the environmental sustainability of computing, including energy efficiency, reducing resource consumption, and disposing of electronic waste properly.