Champions corporation licenses the trademarks to its products to direct marketing, inc., to reproduce on caps, sweatshirts, and similar goods for sale. this is:________

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11-08-2022
Business

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Champions corporation licenses the trademarks to its products to direct marketing, inc., to reproduce on caps, sweatshirts, and similar goods for sale. this is:________

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choprayogita110 choprayogita110 · Answer 1 · 2022-08-16T13:06:40+02:00

Champions corporation licenses the trademarks to its products to direct marketing, inc., to reproduce on caps, sweatshirts, and similar goods for sale. this is a franchise.

An alliance between a franchisor and a franchisee is known as a franchise. The original company is the franchisor. It offers to licence the use of its name and concept. The franchisee purchases the right to use an established brand and business model to market and sell the franchisor's goods and services.

A franchise is a form of business that is owned and run by a single person (the franchisee), but that is branded and managed by a much bigger firm, which is typically a national or global corporation (the franchisor).

Learn more about franchise here

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