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प्रश्न
State two disadvantages of franchising?
उत्तर
- Franchising fees: The initial franchising fee and the subsequent renewal fee can be very high in the case of successful businesses. From the franchisee’s point of view, this may be a deterrent.
- Fixed royalty payment: The franchisee has to make payment of royalty to the franchiser on a regular basis. This considerably reduces the income of the franchisee.
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संबंधित प्रश्न
Who is a franchisor?
Who is a franchisee?
What is franchising?
Which is the most popular form of franchising?
Explain in brief the three ways in which an organisation can expand externally.
What are the disadvantages of franchising to the franchisee?
Choose the Correct Answer.
A continuing relationship which provides licence privileges to do business and provides training, merchandising for consideration is called ______
What are the types of franchising?
Enumerate the characteristics of franchising.
Assertion (A): In franchising there is usually a much higher likelihood of success when an individual opens a franchise as opposed to a mom-and-pop business.
Reason (R): It runs on a proven business formula that is already in place.
