"Rohan took an agency of MRF tyres &

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Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Opportunity

Question:

"Rohan took an agency of MRF tyres & opened a shop at Lajpat Nagar market".

Which type of franchising is discussed in the above paragraph?

Options:

Manufacturing franchise opportunity

Product franchise business opportunity

Business franchise opportunity venture

Business format franchise opportunity

Correct Answer:

Product franchise business opportunity

Explanation:

The correct answer is option (2) - Product franchise business opportunity