Examlex
Which form of franchising is an ongoing business relationship between a franchisor and a franchisee where the franchisor "sells" a franchisee the rights to use the franchisor's approach to doing business?
Innovative Adaptation
The process of adjusting and inventing new methods or products to respond to changing environments or needs creatively.
Efficiency
The ability to achieve maximum productivity with minimum wasted effort or expense, often assessed in processes, systems, or organizations.
Top Executives Discretion
The authority and autonomy granted to high-level managers and executives to make decisions and take actions without needing approval from others.
Financial Reserves
Assets that are saved or conserved for future use, offering a buffer against financial challenges or emergencies.
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