Examlex
Which of the following is the efficient management of the acquisition of raw materials to the factory and the movement of products from the producer to industrial users and consumers?
Franchisee
An individual or company that is granted the right by a franchisor to operate a business under the franchisor's trademark and business model.
Franchisor
The original or existing business that allows another party (franchisee) to use its trademark and business model.
Lunch Truck
A mobile vehicle equipped to prepare, cook, and sell food, often found at workplaces or public events.
Manufacturing Franchise
A type of franchise agreement where the franchisor allows the franchisee to manufacture and sell products using its brand and specifications.
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