Which of the following is not an example of franchising. *
McDonald
Pizza hut
PVR Cinema
Yevale Chai
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Answer:
Yevale Chai
Explanation:
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Answer:
Yevale Chai
Explanation:
This is mainly because of the following reasons:
- Franchising refers to as giving some authority or license from one party(Franchisor) to another party(Franchisee).
- This is a kind of marketing strategy which helps in the expansion of the business.
- Between a franchisor and a franchisee a contractual agreement takes place.
- Franchisor gives the franchise to use their brand name and logo and also the right to sell their products and services.
- And the franchisee acts as dealer.
- That is why McDonald, Pizza hut, PVR Cinema are the franchises.
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