Examlex
A plant breeder can use plum pollen to hand-fertilize an apricot flower. The fruit contains fertile seed that grows into a hybrid called a plucot. However, in the natural environment, plums and apricots bloom several weeks apart. Why are plums and apricots considered separate species?
Franchising
A form of licensing in which a company—the franchiser—agrees to provide a franchisee a name, logo, methods of operation, advertising, products, and other elements associated with a franchiser’s business in return for a financial commitment and the agreement to conduct business in accordance with the franchiser’s standard of operations.
Franchisees
Individuals or entities that purchase the rights to operate a business under a franchise brand, adhering to the specified business operations and practices.
Standardized Operations
Standardized Operations refers to the implementation of uniform procedures and processes across an organization to ensure consistency and efficiency in production or service delivery.
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