Businesses that produce goods.
Examples of Manufacturing Firms
Apple, Mattel, Ford, IBM
Business that provide assistance to satisfy specialized needs through skilled workers.
Examples of Service Firms
Doctors, bankings, dry cleaners, plumbers
A legal agreement between a company and a distributor to sell a product or service under special conditions.
Examples of Franchise businesses
McDonald's, Sonic, Jack-in-Box, Walgreens
The parent company of a franchise agreement that provided the product or service.
The distributor of the franchised product or service.