This occurs where a company offers a complete brand concept, supplies and logistics, and a partner invests an initial lump sum and thereafter pays regular fees to continue the relationship.
A) Merchandise.
B) Distribution.
C) Retailing.
D) Franchising.

Question

Quizplus · Accepted Answer

Franchising is the business model described in which a company offers a complete brand concept, supplies and logistics, and a partner invests an initial lump sum and thereafter pays regular fees to continue the relationship.

This Occurs Where a Company Offers a Complete Brand Concept