[Answer] ____________ is a way to turn a company into a parent company with smaller retail outlets owned by independent operators. (Select the best answer.)

Answer: Franchising
____________ is a way to turn a company into a parent company with smaller retail outlets owned by independent operators. (Select the best answer.)
Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented a franchisor licenses its know-how procedures intellectual property use of its business model brand and rights to sell its branded products and services to a franchisee.In return the franchisee pays certain fees and agrees to comply with certain …
Blockbuster officially Blockbuster LLC and also known as Blockbuster Video is an American-based provider of home movie and video game rental services. Services were offered primarily at video rental shops but later alternatives included DVD-by-mail streaming video on demand and cinema theater. Previously operated by Blockbuster Entertainment Inc. the company expanded internationally …
RadioShack formerly RadioShack Corporation is the trade name of an American retailer founded in 1921. Since 2017 General Wireless Operations Inc. has licensed the name from General Wireless IP Hol…

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