franchise A retail outlet authorized to sell a certain product or service by a parent company that does not own the outlet but does determine policies.Related Articles: How Reese's Pieces Are Like Ray-BansSporting DecisionsThe Cost of Keeping a TeamThe Reason That Certain Quarterbacks Earn MoreThe Surprising Impact of the Shot Clock On Basketball Ann Mills Share This Previous Articleeconomic growth Next Articlehorizontal integration December 17, 2020
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