What Is Franchising? with the Help of a Suitable Example,explain

question 77

Essay

What is franchising? With the help of a suitable example,explain how franchising can be a profitable alternative to FDI.

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Definitions:

Infrastructure

Basic systems of communication, transportation, and energy facilities in a country.

Political Climate

The overall mood, attitudes, feelings, and conditions that currently exist within a political system or societal structure.

Communication

The act or process of using words, sounds, signs, or behaviors to express or exchange information or to express your ideas, thoughts, feelings, etc., to someone else.

Foreign Corrupt Practices Act

Federal law that prohibits U.S. citizens and companies from bribing foreign officials to win or continue business.