Business Studies

Providing permission to use technical know how by parent organisation to another individual is known as ________.


ANSWER

franchising


SOLUTION
Franchising is a form of business by which the owner (franchisor) of a product, service or method obtains distribution through affiliated dealers franchisees. If buying an existing business doesn't sound right for you but starting from scratch sounds a bit intimidating, you could be suited for franchise ownership.
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Single Correct Medium Published on 18th 08, 2020
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