Leo Buys an Exclusive Territory in Which He Is Authorized

question 10

Multiple Choice

Leo buys an exclusive territory in which he is authorized to set up a plant to make Midwest Dairy,Inc.,products.After receiving the formula,Leo begins making Nice Ice-brand ice cream and other Midwest prod?ucts.This is

• A)a chain-style franchise.
• B)a distributorship franchise.
• C)a manufacturing franchise.
• D)no franchise.

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Definitions:

Discretionary Stakeholder

A stakeholder whose involvement or interest in a project or business is optional or based on their discretion.

Dormant Stakeholder

An individual or entity with an interest in a company but who is currently inactive or not engaging in its affairs.

Demanding Stakeholders

Individuals or groups with an interest in a company's performance who have high expectations and requirements that can influence management decisions.

Urgency Attribute

A characteristic or quality related to the need for quick or immediate action.