Franchising is the process by which national governments sell state owned operations to corporations and other investors.

Question

Quizplus · Accepted Answer

Franchising is not the process by which national governments sell state owned operations to corporations and other investors. Franchising is a business model where the owner of a business (franchisor) grants the rights to operate their business model and use their brand name to a third party (franchisee) in exchange for a fee or royalty.

Franchising Is the Process by Which National Governments Sell State