Clark Jensen Recently Opened a Planet Smoothie Franchise

question 4

Multiple Choice

Clark Jensen recently opened a Planet Smoothie franchise. So far, he is very satisfied with Planet Smoothie because in exchange for an initial franchise fee and an ongoing royalty payment, Planet Smoothie has provided Clark a formula for doing business along with training, advertising, and other forms of assistance. Clark purchased a ________ franchise.

• A) business extension
• B) formula driven
• C) sales extension
• D) business format
• E) product and trademark

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Definitions:

Good Mood

A positive state of mind characterized by feelings of joy, satisfaction, and well-being.

Hierarchy

An organizational or structural system where elements are ranked or classified according to levels of importance or authority.

Temporal Factor

An element that relates to the timing or duration of events, often influencing their outcomes or perceptions.

Multiple Purposes

Serving several objectives or aims simultaneously.