Domain 1 Lesson 1

Name one benefit of a franchise.

Evaluate responses using AI:

OFF

Label the items as either a product or a service.

Muffins

• Product

• Service

Label the items as either a product or a service.

AC Repairs

• Product

• Service

Label the items as either a product or a service.

Toilet Paper

• Product

• Service

Label the items as either a product or a service.

Jewelry

• Product

• Service

Label the items as either a product or a service.

Web Designs

• Product

• Service

Label the items as either a product or a service.

Couch

• Product

• Service

Label the items as either a product or a service.

Guitar Lessons

• Product

• Service

Which of the following is considered as a service?

• IPad

• Hair Salon

• IPhone 16

• Apple Watch

Name the Legal Structure:

No ownership, no US federal taxes.

• non-profit

• LLC

• Sole Proprietorship

• S Corporation