Firms That Have Designed a Unique Approach for Performing a Service

question 105

Multiple Choice

Firms that have designed a unique approach for performing a service and wish to profit by selling the franchise to others employ

• A)a customer-generated franchising system.
• B)a service-sponsored retail franchise system.
• C)a manufacturer-sponsored wholesale franchise system.
• D)a manufacturer-sponsored retail franchise system.
• E)an administered vertical marketing systems.

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Definitions:

Manufacturing Department

A specialized division within a company that is focused on the production of goods.

Payroll Accounting

The process of recording and managing all financial transactions related to employee compensation.

Return On Investment

A profitability ratio measuring the gain or loss generated on an investment relative to the amount invested.

Invested Assets

Refers to resources allocated by individuals or entities into various types of investment vehicles aiming for future returns.