McDonald's,Kentucky Fried Chicken,and Subway are examples of:
A)joint ventures.
B)licensing.
C)franchising.
D)strategic alliances.
E)management contract.

Question

Quizplus · Accepted Answer

McDonald's, Kentucky Fried Chicken, and Subway are all examples of franchising, which is a business model where one party (the franchisor) grants another party (the franchisee) the right to use their brand name, products, and operating system in exchange for fees and royalties. Franchising is a popular way of expanding a business without taking on the full risks and costs of opening new locations.

McDonald's,Kentucky Fried Chicken,and Subway Are Examples Of