No products in the cart.

What is license and franchising?

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

What is license and franchising?

Posted by Shalini Koranga 7 years, 11 months ago

CBSE > Class 11 > Business Studies

1 answers

Preeti Dabral 7 years, 11 months ago

<th>BASIS FOR COMPARISON</th> <th>LICENSING</th> <th>FRANCHISING</th>

Meaning	Licensing is an arrangement in which a company (licensor) sells the right to use intellectual property or produce a company's product to the licensee, for royalty.	Franchising is an arrangement in which the franchisor permits franchisee to use business model or brand name for a fee, to conduct business, as an independent branch of the parent company (franchisor).
Governed by	Contract Law	Franchising regulations or Company Law as the case may be.
Registration	Not necessary	Mandatory
Training and support	Not provided	Provided
Degree of control	The licensor has control on the use of intellectual property by the licensee, but has no control on the licensee's business.	Franchisor exerts considerable control over franchisee's business and process.
Process	Involves one time transfer of property or rights.	Needs ongoing assistance of franchiser.
Fee structure	Negotiable	Standard

ANSWER

https://examin8.com

Test

Related Questions

case study on apples from kashmir and himachal pradesh 1. research for change in price of apples in plucking and non plucking season 2. effect on price in the absence of effective transport system 3. effect on price in the absence of suitable warehouse facilities 4. role of warehouse 5. demand and supply situation of the apple during harvesting season 6. price near the place of origin and away.

Posted by Valiant Rider 11 months ago

CBSE > Class 11 > Business Studies

0 answers

Shubhash dey class 11 bst ch3 cbq

Posted by Anishka Bephlawat 2 months, 2 weeks ago

CBSE > Class 11 > Business Studies

0 answers

Ankita is the manager in the mnc

Posted by Krisha Bhuva 1 year, 5 months ago

CBSE > Class 11 > Business Studies

0 answers

What's the business

Posted by Ranjit Verma 1 year, 5 months ago

CBSE > Class 11 > Business Studies

0 answers

Discuss the various social objectives of business class 11

Posted by Suhan Chamadiya 1 year, 5 months ago

CBSE > Class 11 > Business Studies

0 answers

To make an imaginary portfolio totalling a sum of rupees 5000 equally in any of the five companies of their choice listed above over a period of 20 working days the students may be required to record the presence of this talk on on daily basis and present a diagrammatically on the graph paper they will understand the weekly holidays and the holidays under the can negotiable instrument act they will also come across the terms like closing prices opening price etc

Posted by Siddarth Singh 1 year, 5 months ago

CBSE > Class 11 > Business Studies

0 answers

Why are global enterprises considered superior to other business organisation

Posted by Amandeep Kaur 1 year, 5 months ago

CBSE > Class 11 > Business Studies

0 answers

Create a blue print of 12-15 pages on case study on a product topic- fishes from coastal areas

Posted by Pranav Damariya 1 year, 5 months ago

CBSE > Class 11 > Business Studies

0 answers

describe all the types of banks, commercial bank, cooperative bank, specialised bank, central bank....

Posted by Harshita Modi 1 year, 5 months ago

CBSE > Class 11 > Business Studies

0 answers

Have you ever witnesses any shop or a business get in closed in your locality.interact with the owner to find out the reason for it closer or losses incurred. Prepare a project report on the factor to be considered for starting any business

Posted by Rajesh Agrawal 1 year, 5 months ago

CBSE > Class 11 > Business Studies

1 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Google Play

Download myCBSEguide App