Market competition led to the rise of franchising in the


Market competition led to the rise of franchising in the 1950s. The franchiser (the company owning the franchise) gives the franchisee (external entity) the right and all the know-how to sell or give out services of that company using its image, logos, and publicity methods in return for a fixed or variable franchise fee. The success of the franchising system is attributed to the following factors EXCEPT

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Business Management: Market competition led to the rise of franchising in the
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