Examlex
A repetitive social practice composed of a sequence of culturally-recognizable symbolic activities in the form of dance, song, speech, gestures, or the manipulation of objects, set off from the routines of everyday life, and closely connected with a specific set of ideas is known as a
Franchise Arrangements
Business models where a party (the franchisee) is allowed to use the trademark and business systems of another party (the franchisor) in return for a fee and adherence to specific operating principles.
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.
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