Question

______ is a way to turn a company into a parent company with smaller retail outlets owned by independent operators.
a. manufacturing
b. incorporating
c. taxing
d. franchising

please select the best answer from the choices provided

a
b
c
d

Explanation:

To solve this, we analyze each option:

• Option A (Manufacturing) involves producing goods, not creating a parent - independent outlet structure.
• Option B (Incorporating) is about forming a legal business entity, not about the retail outlet ownership structure described.
• Option C (Taxing) is related to levying taxes, which has nothing to do with the business structure of retail outlets.
• Option D (Franchising) is a business model where a parent company (franchisor) allows independent operators (franchisees) to own and operate smaller retail outlets using the parent company's brand, products, and systems. This matches the description in the question.

Answer:

D. Franchising