Question

Pinetops Resorts, an American company, sells the rights to other hospitality companies globally to open resorts with the Pinetops name for a fee and a share of the profit, in return for using Pinetops' brand name and a package of materials and services. Pinetops is engaged in 10) ______
A) offshoring.
B) franchising.
C) exporting.
D) countertrading.
E) importing.

Answer 1

Answer: B) Franchising

Explanation:

 The franchising is the term which is used for providing the license to the other business organization so that they can access the other brand name and promoting the products and the services in the market.

The franchising is the term that helps in providing the other brand name in the form of trade-mark name.

According to the question, the Pine-tops resort is one of the america organization tat basically sell the various types of products to the other firms globally. Therefore, pine-tops is basically engaging in the franchising process.