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Assignment 1b: Business Forms Suppose an entrepreneur is faced with a choice between the licensing, franchising, and joint venture forms of business. What are the

Assignment 1b: Business Forms

Suppose an entrepreneur is faced with a choice between the licensing, franchising, and joint venture forms of business. What are the distinguishing business rationales that will induce an entrepreneur to choose:

The Licensing form of business?

The Franchising form of business?

The Joint Venture form of business?

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