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Preferred term

franchising  

Definition

  • Franchising is a contractual arrangement between two parties that is found both in retailing and in international markets. This form of licensing has grown tremendously in the last 10 years or so (Lamb, Hair, & McDaniel, 2002, p. [Source: Encyclopedia of Health Care Management; Franchising]

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URI

https://concepts.sagepub.com/social-science/concept/franchising

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