Business Studies, asked by Anonymous, 1 year ago

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Here my question!

WHAT IS FRANCHISING?

Answers

Answered by rgupta06
1
An authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, e.g., providing a broadcasting service or acting as an agent for a company's products.
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Answered by neha877
1
Hello user.... your answer.....


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

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