Question

In a _______, the franchise operates under the franchisor's business name and is required to follow the franchisor's standards and methods of business operation.

Answer 1

Franchising

Step-by-step explanation:

In a franchising , the franchise operates under the franchisors business name and is required to follow the franchisor's standards and methods of business operations.

Franchising is a marketing strategy through which a company expands its business. It is a method through which a company known as a franchisor allows the franchise to operates its business by their name along with using all other methods and standards by paying a nominal fees known as the licensing fees or commission.