Answer:
It enhances Effective and efficient performance
It enhances expansion.
It helps to build strong and competitive brands
FRANCHISING
It enhances Globalization of businesses
It enhances brand recognition
Explanation: Management contracts are contracts through which the management of an business entity is handed over to another set of managers in order to achieve certain objectives.
Franchising is allows a business entity expand more rapidly by using funds from the Franchise investors'. Franchising factors both parties.
Franchising started with Hotels in 1907, top brands in the United States of America a currently into Franchise agreement throughout the world.
