This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the difference between licensing and franchising?[br][br][b][color=#9E3EA8]Question ... (Read 119 times)

rosent76

  • Hero Member
  • *****
  • Posts: 516
on: Jun 24, 2018
What is the difference between licensing and franchising?

Question 2

Describe two relatively low-risk methods of getting involved in international business.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

akudia

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 24, 2018
Answer to Question 1

Licensing is selling the right to use some intangible property such as a process, trademark, or brand name, while franchising is selling the right to use a company name or business process in a specific way, usually involving selling a product or service.

Answer to Question 2

Students should describe indirect exporting, direct exporting, management contracting, licensing, or franchising.


rosent76

  • Hero Member
  • *****
  • Posts: 516
Reply #2 on: Jun 24, 2018
Thank you :)


akudia

  • Sr. Member
  • ****
  • Posts: 347
Reply #3 on: Jun 24, 2018
Happy to help you


« previous next »
 

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

diagram of question asked diagram of question asked
Numeric Color-Coding Systems Numeric Color-Coding Systems
Question Question
Statistics Question: A swim team Statistics Question: A swim team
Brown Eye Color Brown Eye Color
this is a math question this is a math question
Video: Hydrogen bonds vs. Ionic bond

For a complete list of videos, visit our video library