Question

In franchising, the producer authorizes the distributor to sell its product under the producer's name against some annual license fee in this
system independent firms at different levels of production and distribution are integrating their programs on a contractual basis to obtain mere
economies or sales impact than they could achieve alone. What is this type of marketing system called?
a. Administered Vertical marketing system.
O b. Corporate Vertical marketing system.
O C. Conventional vertical marketing system
d. Contractual Vertical marketing system.​

Answer 1

Answer:

point (c)

Explanation:

conventional vertical marketing system