Business Studies, asked by ovrsmart4868, 1 year ago

Difference between chain store and franchise outlets

Answers

Answered by gauravsharmatech
3

Explanation:

The Difference

Chain stores are fully owned and managed by the parent corporation on behalf of the shareholders. A franchise unit, on its side, is owned by a franchisee (an outside investor). ... In fact, franchise companies like McDonald's have franchise-owned stores and corporate-owned restaurants within their network.

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