High School

We appreciate your visit to ICHOR Restaurant Group was started by Brian Bailey and Tim Hug in 2006 and has since opened three successful restaurant concepts Old Carolina BBQ Smoke. 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!

ICHOR Restaurant Group was started by Brian Bailey and Tim Hug in 2006 and has since opened three successful restaurant concepts: "Old Carolina BBQ," "Smoke: The Burger Joint," and "Baja West Coast Kitchen," with a dozen corporate-owned locations. They have begun to allow external entrepreneurs to purchase a license to operate their own location(s). Entrepreneurs purchasing such a license are engaging in:

A. corporate entrepreneurship
B. franchising
C. entrepreneurs inside
D. social entrepreneurship

Answer :

Answer:

franchising

Explanation:

According to my research on different business strategies, I can say that based on the information provided within the question Entrepreneurs purchasing such a license are engaging in franchising. This term refers to when a company licenses their name and products to another individual/business/entity for their use. This type of licensing usually comes with certain requirements such as having to follow the original companies format and procedures.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

Thanks for taking the time to read ICHOR Restaurant Group was started by Brian Bailey and Tim Hug in 2006 and has since opened three successful restaurant concepts Old Carolina BBQ Smoke. 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!

Rewritten by : Barada