C. by the local franchisee.
If a hotel or restaurant is franchised, the property is most commonly owned by the local franchise.
<h3>
What is a franchise?</h3>
A franchise (or franchising) is a technique of selling goods or services that involves a franchisor who creates the brand's trade name and business model and a franchisee who pays a royalty and frequently an upfront fee to have the right to use the franchisor's name and system. The term franchise technically refers to the agreement that binds the two parties, but it is more frequently used to describe the business that the franchisee runs. The process of developing and disseminating a brand and franchise network is known as franchising.
Learn more about a franchise here:
brainly.com/question/3032789
#SPJ4
Answers: i*r*t = 2000*1*4%=80
2000+80=
$2080.00
Answer:
It is important for a manager/decision maker to have a good understanding of both of these approaches, because it is more beneficial if the manager/decision maker can combine the two approaches to the situation.
Explanation:
Answer:
I used an excel spreadsheet because there is not enough room here.
Explanation:
Answer:
was thinking "outside the box" by designing a growth strategy
Explanation:
On the given scenario the business wanted to grow but not open more furniture shops.
The strategy chosen will achieve more growth while expanding into another operation line (boutique hotels).
The supply of furniture to these boutique hotels as internal decorations and as purchase from guests is an innovative way for the furniture business to grow without opening new stores.
This is an example of thinking outside the box.
