Nailerman's Hardware Is a Large Chain of Hardware Stores That

question 123

True/False

Nailerman's Hardware is a large chain of hardware stores that sells a line of tools under the Nailerman brand even though they were actually produced by another firm.Since the products are actually produced by another firm,using the Nailerman brand is an example of a knockoff brand.

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Definitions:

Franchising

A method of doing business whereby a franchisor licenses trademarks and tried and proven methods of doing business to a franchisee in exchange for a recurring payment, and often a percentage of gross sales or profits.

Management Training

Programs aimed at enhancing the abilities of managers and potential managers to improve productivity and effectiveness in an organization.