Examlex
To demonstrate a sampling method,the instructor in a class picked the first 5 students sitting in the last row of the class.This is an example of a
Franchising
Franchising is a method of doing business wherein a franchisor grants the rights to an individual or entity (franchisee) to operate a business model using the franchisor’s brand and system.
Contractual System
A system based on legal agreements between parties that govern their business relationships and transactions.
Self-Service
A business model or system where customers perform actions or obtain services by themselves, often facilitated by technology, without direct assistance from staff.
Limited-Service
Refers to businesses or offerings that provide a restricted set of services, often at a lower cost to the consumer.
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