Verified answer

Answer:

D. Franchise

Explanation:

Franchising is a business strategy used for expansion. In this strategy, prospect "part-owners", or franchisors of a brand are trained and equipped as part of their license to use an established brand and sell on that brand's behalf. Popular franchisees in the Philippines are food outlets such as Jollibee and McDonalds and convenient stores such as 711 and Mini-Stop.

At a fee, the franchisor won't have to spend money and effort on advertising for the products and services or worry about inventory and supplies, as the these are all taken cared off by the franchisee. The franchisor instead can focus on other critical aspects of the business, such as day to day operation of the store. Franchisors are also given the permission and license to use the business model of the franchisor, saving time, cost, and effort in studying on how to make the business successful.

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