Franchising

The term ‘’franchising’’ is nowadays commonly used by the different organizations as its benefits have been already proven for the company`s top managers. Basic

Franchising


2 May 2013 - 12:24 pm

Description

The term ‘’franchising’’ is nowadays commonly used by the different organizations as its benefits have been already proven for the company`s top managers. Basically, franchising is considered as a particular type of arrangement in which occur between two different parties that one party which is the major right holder or franchiser presents the permission to another party called franchisee to fully utilize of its rights under the specified trademark or somehow trade-name in order to produce and distribute the company`s products under its determined terms and conditions.

Categories: Art and Literature , Business  & Management, Documentary

Tags: franchising, consider, occur, right, two, different, party, franchisee, franchiser, particular, holder, fully, utilize, arrangement, major, trademark, specified, another, called, permission