Final answer:
Marriott is a hotel franchise, which is part of the hospitality industry. It exemplifies standardized services provided by franchises, and franchisees receive support in exchange for fees.
Step-by-step explanation:
Marriott is an example of a hotel franchise. This means it falls into the first category listed in the question options.
A franchise is a business strategy where a company offers similar products or services in multiple locations under a common brand and business model. Entering into a franchise, such as Marriott, involves purchasing the rights to start a business based on a model designed by the franchisor. In the hospitality industry, Marriott is a leading brand that provides standardized accommodations globally, thereby aiding in the standardization of services in American life and beyond. The franchisee receives support from the franchisor, including training and supply chain support, and pays fees such as a franchise fee and ongoing royalty fees.
A franchise is a company that offers similar products or services in many locations. In this case, Marriott is a hotel franchise that operates hotels in various locations. Franchises like Marriott provide training, support, and a standardized model to the individuals or businesses that purchase the rights to operate under their name.