I was watching undercover boss and in the episode the CEO was unhappy with the work performance of an employee but couldn’t fire her. Isn’t the CEO the boss and above the manager of the store?
In: Economics
1. Reality shows are 100% staged.
2. CEOs have varying levels of authority within their companies. Not all CEOs have the authority to terminate an employee.
3. Franchise businesses are independently owned by the franchisee.
A franchise owner agrees to the parent company’s rules, and pays for the right to use the trademarks, recipes, processes, etc. But he operates the franchise within those rules as he sees fit. Employees at your local McDonald’s don’t work for McDonald’s Corporation, they work for Jones Fast Food LLC (DBA McDonald’s), the franchisee.
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