Examlex

Solved

Which of the Following Strategies for Fragmented Industries Grants the Right

question 32

Multiple Choice

Which of the following strategies for fragmented industries grants the right to use the parent's name,reputation,and business model in a particular location or area in return for a fee and often a percentage of the profits?


Definitions:

Legal Consulting Partnership

A business arrangement in which lawyers offer advice and expertise in specific legal areas to clients, sharing profits and liabilities.

Jointly Liable

A legal term indicating that two or more parties are fully responsible for fulfilling an obligation or paying off a debt.

Bank Loans

Financial borrowings from a bank that need to be repaid with interest.

Partnership

A business structure where two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Deed.

Related Questions