In Which Revenue Model Does an Existing Business Allow Another

question 94

Multiple Choice

In which revenue model does an existing business allow another party to trade under the name of that business?

• A)a licensing revenue model
• B)a franchising revenue model
• C)a brokerage model
• D)an advertising model

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Definitions:

Planning

The process of thinking about and organizing the activities required to achieve a desired goal, involving the creation and maintenance of a plan.

Controlling

The process of monitoring performance, comparing it with goals and standards, and taking corrective action when necessary.

Improving

is the process of making something better or more effective through changes or adjustments.

Planning Process

A systematic approach to defining goals, developing strategies, and outlining tasks and schedules to achieve the desired outcomes.