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 135 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?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Difference between Asian (left) and African (right) elephant ears. Difference between Asian (left) and African (right) elephant ears.
How to set up and solve linear models (Question 2) How to set up and solve linear models (Question 2)
How to integrate using inverse trigonometric substitution (Question 6) How to integrate using inverse trigonometric substitution (Question 6)
Can anyone help me with this matching question Can anyone help me with this matching question
Economics question Economics question
Help with this quick question please Help with this quick question please
Video: Major Elements in Biological Molecules: Proteins

For a complete list of videos, visit our video library