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I want answer with explanation... I'll upvote you... What is the difference between Franchising and Licensing? A Licensing is giving a manufacturing organization the right

I want answer with explanation...

I'll upvote you...

What is the difference between Franchising and Licensing?

A

Licensing is giving a manufacturing organization the right to use the organization's brand name, technology, or product specifications. Franchising is giving a service organization the right to use the organization's brand name, technology, or product specifications

B

Licensing is giving a service organization the right to use the organization's brand name, technology, or product specifications. Franchising is giving a manufacturing organization the right to use the organization's brand name, technology, or product specifications.

C

They are the same thing

D

Licensing is giving a manufacturing organization the right to use the organization's brand name, technology, or product specifications. Franchising is giving a organization the right to operate on a lower level of the organization

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