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प्रश्न
State two disadvantages of franchising?
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उत्तर
- Franchising fees: The initial franchising fee and the subsequent renewal fee can be very high in the case of successful businesses. From the franchisee’s point of view, this may be a deterrent.
- Fixed royalty payment: The franchisee has to make payment of royalty to the franchiser on a regular basis. This considerably reduces the income of the franchisee.
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संबंधित प्रश्न
Who is a franchisor?
Which is the most popular form of franchising?
Enumerate the importance of franchising.
What are the disadvantages of franchising to the franchisee?
Choose the Correct Answer.
A continuing relationship which provides licence privileges to do business and provides training, merchandising for consideration is called ______
Choose the Correct Answer.
A condition where a factor agrees to provide a complete set of services like financing, debt collection, consultancy is called ______
An organization carrying out activities to move goods from producer to consumer is ______.
Choose the Correct Answer.
The model that identifies alternatives, criteria for decision making and analyzes alternatives to arrive at the best choice is ______
What are the types of franchising?
Franchising is advantageous for both franchisor and franchisee. Explain five advantages of franchising for the franchisee.
