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The sequence is defined recursively. Write the first four terms.
-a1 = 1 and an = an- 1 - 3 for n ≥ 2
Service-Sponsored Franchise Systems
A franchising approach where the franchisor provides a licensed privilege to the franchisee to do business and offers support services such as branding and training.
Wholesaler-Sponsored Voluntary Chains
Networks of independent retailers that voluntarily organize under a wholesaler to achieve economies of scale and marketing advantages.
Manufacturer-Sponsored Retail Franchise System
A retail model where manufacturers support and brand franchise stores, allowing them to sell their products exclusively.
Service-Sponsored Retail Franchise System
A franchising partnership where the franchisee offers services guided and branded by the franchisor, typically seen in sectors like hotels, car rentals, and fast food.
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