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Juliette [100K]
4 years ago
7

Explain Brand and Brand Franchise​

Social Studies
1 answer:
Snowcat [4.5K]4 years ago
8 0

Answer:

<u>BRAND</u><u>:</u><em>A brand is an identifying symbol, mark, logo, name, word, and/or sentence that companies use to distinguish their product from others. A combination of one or more of those elements can be utilized to create a brand identity. Legal protection given to a brand name is called a trademark.</em>

BRAND FRANCHISE:<em>An agreement between a wholesaler or retailer and the holder of a brand for the distributor to use that brand exclusively in an area. This helps the wholesaler or retailer boost its sales, because it can tap into customers' brand loyalty. ...</em>

<em> </em><em> </em><em> </em><em> </em><em> </em><em> </em><em>HOPE</em><em> </em><em>IT</em><em> </em><em>WILL</em><em> </em><em>HELP</em><em> </em><em>U</em><em>!</em><em> </em>

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