We appreciate your visit to Franchisees could be considered to be limited entrepreneurs because they have a contract with a franchising organization A True B False. 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:
Franchisees could be considered to be limited entrepreneurs because they have a contract with a franchising organization.
Explanation:
Franchisees could be considered to be limited entrepreneurs because they have a contract with a franchising organization. This statement is True.
A franchise is a business model in which an individual or group purchases the rights to operate a business based on a proven and successful concept created by the franchisor. The franchisee may receive support and training from the franchisor, but they are still responsible for running the day-to-day operations of the business.
In return for the support and use of the franchisor's brand and business model, the franchisee typically pays a franchise fee and ongoing royalty fees.
Thanks for taking the time to read Franchisees could be considered to be limited entrepreneurs because they have a contract with a franchising organization A True B False. 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
