Answer:
(A) Financial assistance.
(B) Freedom of choice in selecting products.
(C) Management training and support.
(D) Strict operating standards.
Explanation:
A franchise is a business owned by an entrepreneur where they offer a product or service that represents a larger corporation (franchisor). The largest franchises in the world are McDonald's, 7-Eleven, KFC, Subway, Burger King, Hertz and Ace Hardware.
Even though franchises represent a very interesting opportunity for entrepreneurs, they must follow the marketing mix of the franchisor and they must only sell the franchisor's products or services.
