What are the types of franchising?

Short/Brief Note

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.

shaalaa.com

Franchising

Is there an error in this question or solution?

Chapter 16: Emerging Service Business in India - Exercises [Page 167]

Chapter 16 Emerging Service Business in India
Exercises | Q III. 1. | Page 167

What is franchising?

Which is the most popular form of franchising?

Enumerate the importance of franchising.

Explain the types 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.

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 ______