Which type of agreement has increased steadily in the Arab world since governments in the region have embarked on liberalization programs?
A)Turnkey operations
B)Export
C)Licensing
D)Franchising
E)Both B and D

Question

Quizplus · Accepted Answer

Franchising has increased steadily in the Arab world since governments in the region have embarked on liberalization programs. This is because franchising provides a low-risk way for entrepreneurs to start a business, as they can use the existing brand, systems, and processes of a successful franchise. Additionally, franchisors benefit from the expansion of their brand into new markets without incurring the high costs of opening new locations themselves.

Which Type of Agreement Has Increased Steadily in the Arab