The two primary forms of franchising are _____ franchising and _____ franchising.
A) product; service
B) co-branding; multibrand
C) product and trade name; business format
D) individual; business

Question

Quizplus · Accepted Answer

Product and trade name franchising involves licensing the right to use a specific product or trademark, while business format franchising involves the use of an established business system or model. Option A is incorrect as it does not address the two primary forms of franchising. Option B is incorrect as co-branding and multibrand are strategies for branding, not forms of franchising. Option D is incorrect as it does not accurately describe any form of franchising.

The Two Primary Forms of Franchising Are _____ Franchising and _____

The Two Primary Forms of Franchising Are _ Franchising and _