Franchising is a form of ________.

Name: Franchising is a form of ________.
Brand: Quizplus
Rating: 4.8 (45 reviews)

Question

Quizplus · Accepted Answer

Franchising is a type of licensing in which a franchisor provides the franchisee with the right to use its branding, products, and systems in exchange for a fee or royalty. The franchisee operates independently but must adhere to the franchisor's rules and standards. Franchising is distinct from direct investment, importing, joint ventures, and tactical alliances.

Franchising Is a Form of ________