Question

Select the proper option from the options given below and rewrite the sentences.

Under ________ an independent organization (franchisee) operates the business under the name of another company (franchisor).

(a) Licensing
(b) Franchising
(c) Joint Venture

Answer 1

Under franchising an independent organisation operate the business under the name of another company.

Explanation:
Franchising means allowing a foreign company to produce and sell goods using the logos and trademarks of the domestic company, in return for a fee.
The correct option is B.