When Entering into a Franchise Agreement, the Term ________ Refers

question 50

Multiple Choice

When entering into a franchise agreement, the term ________ refers to the firm that is granted the right to operate a business using the franchise name and business concept.

• A)franchisee
• B)franchisor
• C)franchise agent
• D)franchise partner
• E)franchised owner

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Definitions:

Clerical Model

Involves administrative tasks such as typing, filing, and handling telephone inquiries, often following a set routine or procedure.

Human Resource Model

A framework for managing the workforce of an organization, focusing on policies, systems, and practices for maximizing employee performance and satisfaction.

Chief Executive Officers

The highest-ranking executives in a company, responsible for making major corporate decisions, overseeing the overall operations and resources, and acting as the main point of communication between the board of directors and corporate operations.

Human Resource Departments

Divisions within organizations responsible for managing employee-related processes like hiring, training, benefits, and compliance.