NextQ23

Give the meaning of a Franchise Agreement.

Franchising as a Growth StrategyStudy Simplify SpecialPYQ2SQ
Question 22

Anil signed a contract with Phelari group to bottle and distribute their soft drink brand Kickapo. The taste of this soft drink was unique and it became the most preferred soft drink consumed by teenagers. The agreement stated that Anil should use the same ingredients used by Phelari group while bottling the product. Identify and give the meaning of this type of enterprise growth opportunity.

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Q. q22 — CBSE 12 Commerce Entrepreneurship — Study Simplify