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प्रश्न
What are the types of franchising?
उत्तर
- Product /trade name franchising: In this type, the franchisee exclusively deals with a manufacture’s product, for example, Kidzee, French Loaf outlets.
- Business format franchising: When a franchisor awards rights covering all business aspects as a complete business package to the franchisee it is called business format franchising, for example, McDonald’s, Pizza Hut.
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संबंधित प्रश्न
Who is a franchisor?
Which is the most popular form of franchising?
Explain in brief the three ways in which an organisation can expand externally.
Enumerate the importance of franchising.
Explain the types of franchising.
Explain the advantages of franchising, both for the franchisor and franchisee.
Choose the Correct Answer.
A continuing relationship which provides licence privileges to do business and provides training, merchandising for consideration is called ______
Choose the Correct Answer.
A condition where a factor agrees to provide a complete set of services like financing, debt collection, consultancy is called ______
An organization carrying out activities to move goods from producer to consumer is ______.
How is franchising a better option for external expansion in case of start-ups?
