McDonald's, 7-Eleven, and Subway Are Examples of

question 306

Multiple Choice

McDonald's, 7-Eleven, and Subway are examples of

• A)product-distribution franchises.
• B)business franchise venture.
• C)business-format franchises.
• D)manufacturing franchises.
• E)general service franchise.

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Definitions:

Fulfillment Model

The process or system by which orders are received, processed, and delivered to customers, covering inventory management, warehousing, and logistics.

Manufacturer

An entity that produces finished goods from raw materials in large quantities using various processes, machinery, and operations.

Retailers' Stores

Physical or online outlets operated by retailers where goods are sold directly to consumers.

Grid Technique

A qualitative planning tool used to help managers make decisions by plotting and analyzing different variables in a grid format.