____________ is an arrangement by which the owner of a product or service allows others to purchase the right to distribute the product or service with help from the owner.
A) Franchising
B) Licensing
C) Exporting
D) Greenfield venture
E) Joint venture

Question

Quizplus · Accepted Answer

Franchising is a business arrangement where the owner (franchisor) allows others (franchisees) to purchase the rights to distribute its products or services, often with support and guidelines from the franchisor.

____________ Is an Arrangement by Which the Owner of a Product