Franchising 2.0 / 5 based on 1 rating ? EconomicsA2/A-levelOCR Created by: JadeCreated on: 01-12-12 14:58 What is franchising? Franchising is the outcome of a competitive system to bid for the provision of services 1 of 4 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 3 of 4 The main bidders for London routes are? First Group, Arriva and Go-Ahead 4 of 4
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