The Two Types of Franchising Are Target Market Franchising and Geographic

question 102

True/False

The two types of franchising are target market franchising and geographic franchising.

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Definitions:

Subsidies

Financial support provided by the government to individuals, businesses, or institutions to encourage certain activities or reduce the cost of products.

GDP

Gross Domestic Product, a measure of the economic performance of a country, calculated by adding the total value of all goods and services produced within its borders over a specific time period.

Domestic Output

The total value of goods and services produced within a country's borders in a specific time period.

GDP

Gross Domestic Product is the sum market value of all final goods and services produced domestically in a country within a specific period.