Business, 10.10.2019 22:30 mkay78

Which of the following is not true about franchising?
a. it is the practice in which the parent firm is obligated to provide specialized equipment and/or service, and sometimes to fund some startup costs, to franchisees in return for an annual fee.
b. franchisees receive technical assistance from the parent company, along with customer-service training.
c. in franchising, the parent firm assumes relatively less risk than with licensing.
d. the parent company’s objective is to make sure that when a customer visits a franchise in any country, the quality of products and services provided are similar.
e. franchising typically leads to the penetration of international markets without significant capital investment abroad by a parent company.

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Which of the following is not true about franchising?
a. it is the practice in which the pare...

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