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Identify the untrue statement.
Franchising Arrangements
Franchising arrangements are business models where a franchisor grants a franchisee the right to operate a business under the franchisor's trademark, sharing operational models and support.
Types
Varieties or categories of people or things that are distinguishable by a specific characteristic.
Description
A detailed representation or explanation of the features, qualities, or conditions of something, often used to give clarity or understanding.
Vertical Marketing Systems
A marketing system in which the main participants of distribution – producer, wholesaler, and retailer – work together as a unified group in order to meet consumer needs.
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