Business Studies, asked by bijeesh, 10 months ago

what do you mean by franchising

Answers

Answered by pranay2020

grant a franchise for the sale of (goods) or the operation of (a service).

please mark me as a brainliest answer.....

Answered by ketsaalretailsllpnoi

Answer:

Franchising is an arrangement where franchisor (one party) grants or licenses some rights and authorities to franchisee (another party). Franchising is a well-known marketing strategy for business expansion.

Explanation:

A contractual agreement takes place between Franchisor and Franchisee. Franchisor authorizes franchisee to sell their products, goods, services and give rights to use their trademark and brand name. And these franchisee acts like a dealer.

For more information regarding franchising contact us at +918279314960 or visit at https://www.ketsaal.in/franchise/

Previous Question

Next Question

Similar questions

English, 5 months ago

How did the two adversaries Ranji and Suraj turn into good friends?

Chemistry, 5 months ago

identify the error in the given statements, circle the incorrect word and write the correct sntence: 1) the valency of all non-metals is positive. 2) a radicle is any atom or a group of atoms carrying a positive or negative charge due to loss or gain of electrons. 3) the electron transfer is called covalency.

Hindi, 5 months ago

अपने विद्यालय के प्रधानाचार्य को 4 दिन के लिएकक्षा 10 ...

English, 10 months ago

Write a dialogue between two friends who are discussing the merits and demerits of watching television.