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Inga [223]
3 years ago
6

Tony & Guy is a global hairdressing and education business headquartered in England. It has recently opened salons in Mongol

ia, adding to its numerous salons worldwide. Tony & Guy allows foreign businesspeople to use its name, logo, methods of operation, advertising, and products. In exchange, Tony & Guy receives a financial commitment and an agreement to conduct business in accordance with its standard of operations. Tony & Guy is engaging in Group of answer choices
Business
1 answer:
nika2105 [10]3 years ago
7 0

Answer:

Franchising

Explanation:

Tony & Guy is engaging in a form of business known as franchising. This is a type of business in which the owner of a product, service, or method, also known as the franchisor (Tony & Guy in this example) achieves distribution and expansion through dealers who are affiliated with them (Franchisees).

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