Question

Define of Franchise​

Answer 1

Explanation:

Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion.

Where implemented, a franchisor licenses its know-how, procedures, intellectual property, use of its business model, brand, and rights to sell its branded products and services to a franchisee.

Hope it helps...

Answer 2

Answer:

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❥︎Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchisor licenses its know-how, procedures, intellectual property, use of its business model, brand, and rights to sell its branded products and services to a franchisee.