Trade name franchising involves licensing the rights to sell specific products under the manufacturer's brand name. True or False
The type of franchising growing fastest is product distribution franchising. True or False.
Distribution is an activity conducted by the manufacturer of goods and service. After manufacturing goods and service, manufacturer needs to distribute goods to the potential buyers and initiate purchases by them.
Answer and Explanation:
1. Trade name franchising involves licensing the rights to sell specific products under the manufacturer's brand name.
This statement is true
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Learn more about this topic:
from Introduction to Business: Homework Help ResourceChapter 16 / Lesson 21