TONI&GUY is a global hairdressing and education business headquartered in England. It has recently opened salons in Mongolia, adding to its numerous salons worldwide. TONI&GUY allows foreign businesspeople to use its name, logo, methods of operation, advertising, and products. In exchange, TONI&GUY receives a financial commitment and an agreement to conduct business in accordance with its standard of operations. TONI&GUY is engaging in:.A. contract manufacturing. B. wholesaling. C. franchising. D. exporting. E. direct investment.

c. Franchising

Explanation:

Franchising -

It refers to as a concept in the field of marketing , which is used by an organization , which enables to expand the business , is referred to as franchising .

In this process the goods and services of the organisation is sold to the franchisee , and in return the franchisee pays certain fees and these franchisee acts as an affiliated dealers .

Hence , from the given scenario of the question ,

The correct answer is c. Franchising .

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