Anthony is expanding his business into foreign markets.Anthony is providing a license to a foreigner to use his business model,name,and know-how.Anthony will help the foreigner get the business started and provide on-going support.Whom is Anthony providing a license to as he grows his business globally?

Question

Quizplus · Accepted Answer

Franchising involves situating operations and management within a foreign country.The franchisee typically benefits from some tariff/nontariff relief over what a multinational exporter would face.

Anthony Is Expanding His Business into Foreign Markets