Advertisements
Advertisements
प्रश्न
What are the types of franchising?
Advertisements
उत्तर
- Product /trade name franchising: In this type, the franchisee exclusively deals with a manufacture’s product, for example, Kidzee, French Loaf outlets.
- Business format franchising: When a franchisor awards rights covering all business aspects as a complete business package to the franchisee it is called business format franchising, for example, McDonald’s, Pizza Hut.
APPEARS IN
संबंधित प्रश्न
Who is a franchisee?
What is franchising?
Which is the most popular form of franchising?
Enumerate the importance of franchising.
What are the disadvantages of franchising to the franchisee?
Explain the advantages of franchising, both for the franchisor and franchisee.
Choose the Correct Answer.
The model that identifies alternatives, criteria for decision making and analyzes alternatives to arrive at the best choice is ______
State two disadvantages of franchising?
Assertion (A): In franchising there is usually a much higher likelihood of success when an individual opens a franchise as opposed to a mom-and-pop business.
Reason (R): It runs on a proven business formula that is already in place.
Franchising is advantageous for both franchisor and franchisee. Explain five advantages of franchising for the franchisee.
