Authorization is the granting of the necessary authority to subordinates to complete a certain task. Franchising means joining a certain group or organization. It can be expanded to the commercial field, which refers to the agency franchise of commercial brands. The difference between the two is as follows:
1. Different meanings:
Authorization is to grant the necessary power to complete a certain task to subordinates. Franchising means joining a certain group or organization. It can be expanded to the commercial field, which refers to the agency franchise of commercial brands.
2. Different characteristics:
The characteristic of franchising is that there is a franchise owner, and the alliance leader owns the franchise. The franchise can be products, services, business technology, trade names, labels, and Other special forces that can bring operating benefits. The main link between the alliance leader and the franchisees is the contract.
The characteristic of authorization is that enterprises do not need to bear the costs and related risks of developing foreign markets. For companies that lack funds to carry out overseas operations, this model is quite attractive. It is also an option for companies that are unwilling to invest a lot of resources in foreign markets that are unfamiliar or have particularly high political risks.
3. Different objects:
The object of joining is a certain group or organization; the object of authorization is people.
Baidu Encyclopedia - Franchise
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