Respuesta :
Answer:
c. franchising
Explanation:
Franchising -
It refers to the practice of financing any startup or organization , under a specified name , is referred to as franchising .
The franchisee need to pay some specific amount as soon as he take up the brand name , which is referred to as the franchise agreement .
Hence , from the given scenario of the question ,
The correct answer is c. franchising .
Answer:
C. Franchising
Explanation:
Franchise is a form of business in which a brand sells rights to use their name, logo & model to third party agency sellers ; on contract of standardised good/ service & profit share.
This is a great model for franchisors (provider of franchise name), as they can expand their brand name & simultaneously earn profit share due to previously acquired goodwill. It is also beneficial for franchisees (purchase of franchise name) as can save time of making their own goodwill in business & can get advantage of franchisor's goodwill.
Burger King licensing name to foreign firms on agreement of : Standardised production , processing lines & profit share is an example of - Franchise model of Business.
