Which of the Following Observations Holds True of Product Distribution

question 68

Multiple Choice

Which of the following observations holds true of product distribution franchising?

• A)It provides the franchisee with specific brand named products,which are resold by the franchisee in a specified territory.
• B)It provides an organization through which independent businesses may combine resources.
• C)It is an agreement that provides only the rights to use the franchisor's trade name and/or trademarks.
• D)It is an agreement that provides a complete business format.

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Definitions:

Flexible Benefits Program

An employee benefits plan that allows individuals to choose from a variety of options to create a package tailored to their personal needs.

Benefit Audits

The process of reviewing and verifying the accuracy and compliance of an organization's employee benefits program with relevant laws, policies, and contracts.

Claiming Habits

Patterns or tendencies of individuals or groups in asserting or establishing their rights, entitlements, or possessions, often in legal or business contexts.

Defined Contribution Plan

A type of retirement plan in which the employer, employee, or both make contributions on a regular basis, but the final benefit received by the employee depends on the plan's investment performance.