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QUESTION 79 Which is true of Franchise operations Generally have very loose ties between the franchisor and franchisee holder
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Ans) Currently account for about a third of all retail sales

Reason:

Under franchisee contract franchisee holder has to follow rules and regulation set up by the franchisor, and hence can not run the business independently. Business format franchising has grown dramtically and now accounts for about a third of all retail sales

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