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3) Explain what is Franchising. Explain the 1) characteristics of franchising 2) strengths of franchising 3) Weaknesses of franchising (50 marks) 4) A products goes
3) Explain what is Franchising. Explain the 1) characteristics of franchising 2) strengths of franchising 3) Weaknesses of franchising (50 marks) 4) A products goes through each stage of the process involving Introduction, Growth, Maturity, and Decline and in some cases, the product successfully goes through the Extension process. Explain each stage (50 marks)
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