The Partnering for Success Feature in Chapter 15 Focuses on How

question 74

Multiple Choice

The Partnering for Success feature in Chapter 15 focuses on how franchise organizations can boost their sales while at the same time reduce their expenses. The technique that the feature recommends to achieve these dual objectives is ________.

• A) strategic alliances
• B) joint ventures
• C) outsourcing
• D) licensing
• E) co-branding

---

Definitions:

Subsidiary Entity

A company that is controlled by another company, known as the parent company, typically through ownership of more than half of its voting stock.

Business Combination

Transactions or events that result in the merger of two or more companies, leading to the formation of a single entity.

Non-controlling Interest

A stake in a corporation where the ownership percentage does not grant the holder significant influence over the company’s operations and decisions.

Inventory

Goods or materials that a business holds for the purpose of selling them or turning them into products for sale.