QQuestionBusiness Management
QuestionBusiness Management
"Franchising is typically done by:
A. cooperatives
B. partnerships
C. LLC
D. corporations"
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Answer
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Step 1I'll solve this problem step by step:
Step 2: Understand the Concept of Franchising
Franchising is a business model where one party (the franchisor) grants another party (the franchisee) the right to use their business name, brand, and operational systems in exchange for fees and a percentage of revenue.
Final Answer
Corporations The correct answer is D. Corporations are the most typical and structured way of implementing franchising business models.
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