Examlex
Simplify and write the answer in standard form.
Limited-Service
A business model where the service provider offers a narrowed or reduced range of services or products to its customers.
Self-Service
Business or retail models that allow customers to perform services independently without the need for direct service employee assistance.
Costco
A multinational corporation that operates a chain of membership-only warehouse clubs, known for selling bulk goods at low prices.
Franchise System
A method of distributing products or services involving a franchisor who establishes the brand’s trademark or business system and a franchisee who pays a royalty to do business under the franchisor's name.
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