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________ Refers to the Condition of Being Culturally Rather Than

question 98

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________ refers to the condition of being culturally rather than physically distinctive.


Definitions:

Company Owned Store

A retail establishment directly controlled and operated by the corporation that owns the brand, as opposed to a franchise.

Manager

An individual responsible for controlling or administering all or part of a company or similar organization.

Sharing Contracts

Agreements that involve distribution of profits or losses among parties based on pre-determined criteria.

Franchising

A method of business expansion where a company (franchisor) allows individuals (franchisees) to operate a business using its trademarks and business model.

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