John Q's Franchise Ownership
John Q's Diversified Franchise Ownership
John Q owns both a coffee and a fast-food franchise. His ownership of these two franchises suggests investment diversification and the pursuit of multiple revenue streams. It illustrates a use of the franchise business model within the food industry.
Explanation
The question presents a scenario involving John Q and his franchise ownership. In this case, John Q owns both a coffee and a fast-food franchise. Therefore, the correct statement that describes the situation is: John Q owns both a coffee and fast-food franchise. This indicates that John Q has diversified his investments by owning two types of franchises, which can lead to multiple revenue streams and possibly more financial stability. It's an example of an entrepreneur participating in the franchise business model in the food industry, which is a common strategy for business expansion.
John Q owns both a coffee and fast-food franchise. Which of the following statements best describes the situation? a) John Q owns only a coffee franchise. b) John Q owns only a fast-food franchise. c) John Q owns both a coffee and fast-food franchise. d) The question is incomplete and does not provide enough information to determine John Q's franchise ownership. Final answer: John Q owns both a coffee and a fast-food franchise.