15-Which is not a difference differences between franchising and licensing? a. Franchisees will use the organization's name, while licensees will generally not. b. Franchisees receive ongoing training and business support, licensees generally, do not receiving ongoing support. c. Licensing requires a valid patenting worldwide, while franchising not. d. Franchisees will only offer authorized products and services, whereas licensees may deal in a wide range of products and services.
15-Which is not a difference differences between franchising and licensing? a. Franchisees will use the organization's name, while licensees will generally not. b. Franchisees receive ongoing training and business support, licensees generally, do not receiving ongoing support. c. Licensing requires a valid patenting worldwide, while franchising not. d. Franchisees will only offer authorized products and services, whereas licensees may deal in a wide range of products and services.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:15- Which is not a difference differences between franchising and licensing?
a. Franchisees will use the organization's name, while licensees will generally not.
b. Franchisees receive ongoing training and business support, licensees generally, do
not receiving ongoing support.
C. Licensing requires a valid patenting worldwide, while franchising not.
d. Franchisees will only offer authorized products and services, whereas licensees may
deal in a wide range of products and services.
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