Examlex
Match the term with its definition.
-Catalyzing
Franchisor
A business entity that grants the right to an individual or group to carry out commercial activities using its branding, system, and intellectual property in exchange for a fee and adherence to agreed specifications.
Corporate Brand
The collective identity, values, and personality of a company as perceived by the public, employees, and stakeholders.
Franchises
Licensing arrangements whereby an individual or company can use a firm's business model and brand for a prescribed period.
Salaried Manager
A manager who is compensated with a fixed salary rather than an hourly wage.
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