Final answer:
The outlets of Marty's clothing company that are owned and managed by private individuals using the company's brand name after paying fees are franchises. These outlets operate as part of Marty's brand and contribute a portion of their revenue back to the company.
Step-by-step explanation:
Marty's, a clothing company, operates its outlets through private individuals who manage them. These individuals are given the right to use the company's brand name and products after they pay a fee. Since these outlets operate under the brand's name, and contribute a part of their revenues to the parent company, they are a perfect example of a franchise.
A franchise involves purchasing the rights to operate a business that is part of a larger corporation, more commonly recognized for providing consistent products or services across multiple locations. The franchisee usually receives support such as training and supply chain assistance, which is beneficial for maintaining the brand's integrity and ensuring a consistent customer experience.