Franchising Is a Form of ________

question 45

Multiple Choice

Franchising is a form of ________.

• A) importing
• B) contract manufacturing
• C) licensing
• D) joint venture
• E) direct investment

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Definitions:

Licensed

Officially permitted to perform a particular activity or to operate under particular standards set by a regulatory authority.

Private School

A school that operates independently of the public school system and is funded through tuition, private grants, and donations.

Tuition Charges

Fees charged by educational institutions to cover costs associated with instruction and other services provided to students.

Endowments

Funds or properties donated to institutions, organizations, or individuals, intended to support ongoing achievements or livelihood.