Explain the Merits and Demerits of Licensing and Franchising to the Licensors,licensees,franchisors,and

question 35

Essay

Explain the merits and demerits of licensing and franchising to the licensors,licensees,franchisors,and franchisees.

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Definitions:

Human Behavior

The range of actions and mannerisms exhibited by humans in conjunction with their environment, social or personal.

Meat-eating

The consumption of animal flesh by humans.

Vegetarian

A person who does not eat meat, and sometimes other animal products, especially for moral, religious, or health reasons.

Innate Need

A fundamental or natural requirement essential for an individual's survival, growth, or well-being.