The International chains provided the following relationships to individual owners:
A. Partnerships – Providing professional managers, technicians, manuals systems etc. on the basis of management fees and a share of profits as incentive payment.
B. Franchise – Providing name and association against a fee
C. Management Contract – Sharing equity and profits
D. Conglomerates – Amalgamate their capital and their operations
Answer:A
The International chains provided the following relationships to individual owners:
A. Partnerships – Providing professional managers, technicians, manuals systems etc. on the basis of management fees and a share of profits as incentive payment. B. Franchise – Providing name and association against a fee C. Management Contract – Sharing equity and profits D. Conglomerates – Amalgamate their capital and their operations