Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Opportunity

Question:

Cleanup Pvt. Ltd. has shared its formulation with PK enterprises. PK enterprises will now use them to produce, and sell floor cleaners in the name of "Cleanup".

The type of franchising is called:

Options:

Product franchise

Manufacturing franchise

Business franchise

Business format franchise

Correct Answer:

Manufacturing franchise

Explanation:

The correct answer is option (2) - Manufacturing franchise