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Which of the following could be classified as a franchise?(1 point)

a national fast-food chain owned and operated by a single organization

one of several hair salons owned and operated by individuals but licensed and supported by a single entity

one of many daycare centers owned and operated by a single family

one of several unrelated laser tag companies in a region that are owned and operated by individuals

i don't know what franchise means...

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5 answers
  1. A franchise is an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities. And the answer is C. Hope this helps! :D

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  2. Oops my bad idk if that is correct don’t use that answers yet

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  3. Nvm I think it’s A

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  4. which one is it lol?

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  5. - nonprofit organizations retain profit rather than distribute it to shareholders
    - producer cooperative
    -one of several hair salons owned and operated by individuals but licensed and supported by a single entity
    -ratio of profit to revenue
    -creative destruction

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