The Parent Company,Denny's,allows Independent Entities to Sell Its Products

question 90

Multiple Choice

The parent company,Denny's,allows independent entities to sell its products.In addition,the independent entities can use the Denny's name,production,and marketing techniques.Denny's is an example of a(n) ________.

• A)strategic alliance
• B)joint venture
• C)franchise
• D)distributor
• E)agent

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Definitions:

Average Total Assets

The mean value of all assets owned by a company over a specific time period, used in financial analysis.

Consolidated Financial Statements

Financial statements that aggregate the financial position, results of operations, and cash flows of a parent company and its subsidiaries.

Parent's Control

Parent's control refers to the influence or authority that a parent company holds over its subsidiaries, managing or directing their operations and strategic decisions.