A(n)________ Exists When a Franchisor Licenses Individuals or Firms to Dispense

question 137

Multiple Choice

A(n) ________ exists when a franchisor licenses individuals or firms to dispense a service under a trade name and specific guidelines.

• A)service-sponsored retail franchise system
• B)manufacturer-sponsored wholesale franchise system
• C)manufacturer-sponsored retail franchise system
• D)administered vertical marketing system
• E)service-sponsored franchise system

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Definitions:

Sustainability Initiatives

Strategies and practices aimed at promoting environmental conservation, social responsibility, and economic efficiency in business operations.

Customer Demand

The desire and requirement for products or services by end consumers, which drives the production and supply chain activities.

Increased Revenue

Refers to the growth in income generated from a business's products or services over a certain period.

Sustainability

The ability to maintain and support a process or practice over the long term without harming the environment or depleting resources.