Final answer:
The nickname for a franchise business manager and operations specialist is FO, pronounced "Eff-Oh", and they are responsible for managing a franchise's daily operations.
Step-by-step explanation:
The nickname for a franchise business manager and operations specialist is often abbreviated as FO, standing for Franchise Operator. This term is spelled phonetically as “Eff-Oh”. In the role of a Franchise Operator, an individual is responsible for managing the day-to-day operations of the franchise, ensuring the business is adhering to the franchisor's standards, and is generally the main point of contact between the franchisor and the individual franchise location.