Question

A ___________ means the special right given by a manufacturer or a parent organization to another individual or firm to sell to the formers product or service in a specified given area(s).

• A. network marketing
• B. agency
• C. franchising
• D. none of the above

Answer 1

Answer: (C)

franchising

Franchising is a form of business by which the owner (franchisor) of a product, service or method obtains distribution through affiliated dealers (franchisees). It gives a special right to another individual or firm to sell the products or services.