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Management · Q56

Foreign Trade Policy

Graduate and Post Graduate · Management · question 56

Q56

Which of the following statement is true for franchising?

A.
It is generally done on the basis of manufacturing processes
B.
The licensee pays a license fees to the franchisor
C.
It deals with patents, copyrights and other innovation related intellectual rights, that are used in manufacturing standard products
D.
It deals with transferring expertise especially on how to conduct business
Answer

Answer: Option D

Solution

Answer: Option D
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