asked 102k views
1 vote
Kindly suggest an effective strategy to help new entrants gain a significant share of the financial service market

asked
User Spawn
by
7.7k points

1 Answer

4 votes

Answer:

Franchising.

Step-by-step explanation:

Franchising is an effective way to enter into market when a person has few or no knowledge about the market conditions. This is most suitable for food chains as there is no or minimum changes required for the operations. It is safe option for new entrants.

answered
User RunnerRick
by
8.8k points
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