Franchising

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  • Created by: Jade
  • Created on: 01-12-12 14:58
What is franchising?
Franchising is the outcome of a competitive system to bid for the provision of services
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Franchising provides the franchise holder with an opportunity to operate with
No (or in some cases limited) competition and to obtain benefits from economies of scale
2 of 4
Transport for London keeps the franchises for bus routes ____ in order to sustain a competitive market.
Short
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The main bidders for London routes are?
First Group, Arriva and Go-Ahead
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Other cards in this set

Card 2

Front

Franchising provides the franchise holder with an opportunity to operate with

Back

No (or in some cases limited) competition and to obtain benefits from economies of scale

Card 3

Front

Transport for London keeps the franchises for bus routes ____ in order to sustain a competitive market.

Back

Preview of the front of card 3

Card 4

Front

The main bidders for London routes are?

Back

Preview of the front of card 4

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