When a company expands by supplying independent business owners with an established business, including its name and trademark, this is referred to as a O business format franchise. O product franchise. manufacturing franchise. O franchise business.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter10: Short-term Decision Making
Section: Chapter Questions
Problem 7MC: ______ is the act of using another company to provide goods or services that your company requires....
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When a company expands by supplying independent business owners with an established
business, including its name and trademark, this is referred to as a
business format franchise.
O product franchise.
manufacturing franchise.
franchise business.
US
DI
Transcribed Image Text:When a company expands by supplying independent business owners with an established business, including its name and trademark, this is referred to as a business format franchise. O product franchise. manufacturing franchise. franchise business. US DI
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