(Answered) Clark jensen recently opened a planet smoothie franchise so

Management Studies

Clark Jensen recently opened a Planet Smoothie franchise. So far, he is very satisfied with Planet Smoothie because in exchange for an initial franchise fee and an ongoing royalty payment, Planet Smoothie has provided Clark a formula for doing business along with training, advertising, and other forms of assistance. Clark purchased a ________ franchise.

business extension
formula driven
sales extension
business format
product and trademark

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