Which of the following statement is true for franchising?
A. It is generally done on the basis of manufacturing processes
B. The licensee pays a license fees to the franchisor
C. It deals with patents, copyrights and other innovation related intellectual rights, that are used in manufacturing standard products
D. It deals with transferring expertise especially on how to conduct business
Answer: Option D
This Question Belongs to Management >> Foreign Trade Policy
A. Importing
B. Exporting
C. Franchising
D. Joint Ventur
Foreign trade helps each country to make . . . . . . . . use of its natural resources.
A. optimal
B. loss
C. better
D. none of these
The effects of foreign trade on the domestic economy maybe at
A. Micro level
B. Macro level
C. Both A and B
D. Neither A nor B
A. Chief controller of Imports and Exports
B. Director General of Foreign Trade
C. Director General of Commercial Intelligence
D. Chief Controller of Foreign Trade
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