Which of the Following Statements Best Differentiates Between Franchising and Licensing

question 72

Multiple Choice

Which of the following statements best differentiates between franchising and licensing?

• A)Licensing gives a company greater control than franchising over the sale of its product in a target market.
• B)Franchising is common in manufacturing industries while licensing is primarily used in service industries.
• C)Franchising requires ongoing assistance from the franchiser while licensing normally involves a one-time transfer of property.
• D)Licensees must often meet strict guidelines on product quality, day-to-day management duties, and marketing promotions unlike franchisees.

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Definitions:

Linear Inequalities

Mathematical expressions that represent a range of values along a line where one side of the inequality has a variable term.

Solution

The numbers that fulfill the requirements of an equation, inequality, or a set of equations.

Linear Inequalities

Mathematical statements that relate linear expressions using inequality symbols.

Linear Inequalities

Algebraic expressions that utilize inequality symbols to compare two linear expressions.