Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Enterprise growth Strategies

Question:
Spicy cola is a leading soft drink manufacturing company with its headquarter in Kerala. They decided to allow various vendors the opportunity to manufacture and sell their products in various parts of the country using their name. The company will provide the raw materials for manufacturing the soft drink to all its vendors.
Identify the type of business opportunity offered by Spicy cola.
Options:
Product franchise business opportunity
Manufacturing franchise opportunity
Business franchise opportunity ventures.
Business format franchise opportunity
Correct Answer:
Manufacturing franchise opportunity
Explanation:
Explanation: Manufacturing franchise opportunity: These types of franchises provide an organization with the right to manufacture a product and sell it to the public, using the franchisor's name and trademark