Which Form of Franchising Is the Most Common Today

question 95

Multiple Choice

Which form of franchising is the most common today?

• A) Franchising has become a very unpopular option and is used infrequently today.
• B) A manufacturer authorizes a number of retail stores to sell a certain brand- name item.
• C) A producer licenses distributors to sell a given product to retailers.
• D) A distributor authorizes a producer to make and sell a given product to the ultimate consumer.
• E) A franchisor supplies brand names, techniques, or other services instead of a complete product.

---

Definitions:

Delphi Technique

A process in which the forecasts and judgments of a selected group of experts are solicited and summarized in an attempt to determine the future HR demand.

Time Series

A sequence of data points recorded or collected at successive time intervals, often analyzed to identify patterns over time.

Quantitative

Pertaining to methods or data that is numerical and can be measured and analyzed statistically for facts and figures.

Econometric Models

Econometric Models are statistical models used in economics to test hypotheses or forecast future trends by using data and mathematical theories.