A Person Who Buys the Right to Use a Business

question 102

Multiple Choice

A person who buys the right to use a business name and sell a product within a given territory is called a:

• A)limited franchisor.
• B)venture capitalist.
• C)stockholder.
• D)franchisee.

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Definitions:

Central Question

The primary or most important question that guides the focus of a discussion, research, or analysis.

Initiate

To begin or set into motion an activity, process, or project by taking the first steps or actions.

Feedforward Control

A control that ensures that directions and resources are right before the work begins.

Improve Things

The act of making something better or more effective through changes or modifications.