Franchises Are Independent Third-Party Operators Who Market and Sell a Company's

question 90

True/False

Franchises are independent third-party operators who market and sell a company's products or services under the company's name.

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Definitions:

Steps

Sequential phases or procedures followed to achieve a particular goal or complete a process.

Qualified Person

An individual who has the necessary skills, knowledge, certifications, or qualifications to perform a specific job or task.

Goods or Services

Products that can be physically touched or activities provided to customers, respectively, both of which satisfy consumer needs and wants.

Prospect

A potential customer or client who has been identified as fitting a target market for a product or service, but has not yet made a purchase.