Examlex
Which of the following strategies assumes that the MNC has already collected a portfolio of different facilities world wide?
Product-distribution Franchising
A type of franchising that allows the franchisee to sell the franchisor's products and to use the franchisor's trademark and distribution system.
Turnkey Approach
A service or product solution that is delivered in a complete and ready-to-use condition, requiring minimal effort from the buyer to implement or activate.
Terminate
Refers to bringing an action or process to an end; to conclude or finish.
Franchise Agreement
A legal contract in which a franchisor grants the franchisee the rights to operate a business under the franchisor's model and brand for a specified period.
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