Multiple Choice
McPherson's,an ice cream joint,recently entered into an agreement by which it allowed independent businesspeople at select stores and locations across the country to sell its famous ice creams and milk shakes for a monetary consideration.The argument that the agreement was a franchise agreement is strengthened by the fact that ________.
A) McPherson's is a part of a corporate chain that prevents it from forming business alliances autonomously
B) McPherson's is a department store that is trying to avoid the wheel-of-retailing
C) McPherson's products are in the introductory stage of the product life cycle
D) McPherson's is a company that enjoys substantial goodwill and security in the market
E) McPherson's competitors have entirely different product lines and mixes
Correct Answer:

Verified
Correct Answer:
Verified
Q4: What is retailing? Explain the concept of
Q69: Cash-and-carry wholesalers provide full service,beginning from sourcing
Q70: Flax is a chain of stores that
Q71: Campbell Retail is one of the oldest
Q72: Specialty stores are characterized by the _.<br>A)sale
Q73: Customers at Carat,a premium jewelry store,are encouraged
Q75: A department store is characterized by a
Q76: McDonald's,Subway,and Pizza Hut are all examples of
Q77: _ includes all the activities involved in
Q79: Jacob Kendler works in the wholesale business