Question: Hi, please help me on how to answer this question. a) Define franchising, and provide and discuss its benefits and risks. (70 marks) b) Provide

Hi, please help me on how to answer this question.

a) Define franchising, and provide and discuss its benefits and risks. (70 marks) b) Provide and briefly define one other example of an inter-firm the relationship that does not involve a full merger. (30 marks)

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