We appreciate your visit to Marriott is an example of a franchise 1 Hotel 2 Restaurant 3 Retail 4 Automotive. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!
Answer :
Final answer:
Marriott is a hotel franchise, which is part of the hospitality industry. It exemplifies standardized services provided by franchises, and franchisees receive support in exchange for fees.
Explanation:
Marriott is an example of a hotel franchise. This means it falls into the first category listed in the question options.
A franchise is a business strategy where a company offers similar products or services in multiple locations under a common brand and business model. Entering into a franchise, such as Marriott, involves purchasing the rights to start a business based on a model designed by the franchisor. In the hospitality industry, Marriott is a leading brand that provides standardized accommodations globally, thereby aiding in the standardization of services in American life and beyond. The franchisee receives support from the franchisor, including training and supply chain support, and pays fees such as a franchise fee and ongoing royalty fees.
A franchise is a company that offers similar products or services in many locations. In this case, Marriott is a hotel franchise that operates hotels in various locations. Franchises like Marriott provide training, support, and a standardized model to the individuals or businesses that purchase the rights to operate under their name.
Thanks for taking the time to read Marriott is an example of a franchise 1 Hotel 2 Restaurant 3 Retail 4 Automotive. We hope the insights shared have been valuable and enhanced your understanding of the topic. Don�t hesitate to browse our website for more informative and engaging content!
- Why do Businesses Exist Why does Starbucks Exist What Service does Starbucks Provide Really what is their product.
- The pattern of numbers below is an arithmetic sequence tex 14 24 34 44 54 ldots tex Which statement describes the recursive function used to..
- Morgan felt the need to streamline Edison Electric What changes did Morgan make.
Rewritten by : Barada