Contents 1 Definition of Franchising 2 Businesses for which franchising works best 3 Advantages 4 Disadvantages Definition of Franchising Franchising refers to the method of practicing and using another persons philosophy of business. The "franchisor" authorizes the proven methods and trademarks of his business to the "franchisee" for a fee and a percentage of gross monthly sales. Various tangibles and intangibles such as national or international advertising‚ training‚ and other support
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mechanism and the government to co-ordinate market activity. Generally‚ the market is considered to provide the best economic outcomes for a society in most circumstance. However‚ there are certain situations in which the market fails to deliver efficient outcomes and the involvement of the government is necessary. The government sectors perform two basic tasks: 1. Provision of the Legal Framework - the government’s lawmaking ability allows it to influence and control the private sector. This ability
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Advantages and Disadvantages of Microsoft. Nicole Hartman- Vasquez I have researched the different alternatives to products besides using the very familiar Microsoft Product line. There are many different products‚ and names to choose from for home and office and Each has had great feedback as well as not costing as much to maintain or costing nothing at all. Before Starting this information‚ I thought that Microsoft was really the only
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Why the EU should/or not to regulate and manage the (co-operational-) issues of internal security? The European Union history has lasted for 60 years. The agreed principles (EU treaties)‚ common economic market‚ single currency zone‚ the establishment of "Schengen" Area and solidarity policies are proof that "the EU project" was created and developed in different periods‚ through decades. Today‚ the EU is quite different from what it was 10 or 20 years ago‚ let alone from the EU of sixty years
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There are several advantages and disadvantages to the unitary‚ confederate‚ and federal systems of government. The unitary government is often described as a centralized government. It is a government in which all powers held by the government belong to a single and central agency. The central government creates local units of government for its own convenience and needs. Most governments in the world are unitary. Great Britain is an example of a unitary government. The Parliament holds all
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always been arguments over what power the state governments should have‚ and the powers the Federal Government should have. More recently there have been instances where the Federal Government was questionable in some of their actions. Today’s Federal Government has too much power because issues such as gun control and healthcare would be better handled on the state level. One example of an issue that would be better handled on a state level is gun control. One reason this should be up to the states is
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Advantages and Disadvantages on Globalization The advantages and disadvantages of customizing products can be summarized as following points. Advantages: 1. Innovation ideas‚ which are suitable to adapt changeable customers’ preferences. With the development of technology‚ customers preferences are always updated due to global information transmit. Global Managers are capable to create more inventive products to keep and expand global markets. 2. Localization‚ which can avoid cultural conflict
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Advantages and Disadvantages of Collaborations Katrina Artis‚ Douglas Dixon‚ Elonto Hernandez University Of Phoenix IT ORGANIZATIONAL BEHAVIOR CMGT/530 Shelley Pumphrey January 25‚ 2010 Advantages and Disadvantages of Collaborations Collaboration happens when two or more people join forces and work together to achieve a goal. People offer their knowledge‚ abilities‚ and skills to help each other. Teams are an excellent example of collaboration. Working in teams has become a trend in
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Advantage and Disadvantage of Unemployment. To anyone who suffers from unemployment‚ this would be a hard time for them in order to support their living. However‚ an economist is looking at unemployment is a necessity to maintain a balance economy. Therefore there are advantages and disadvantages of unemployment in a country. The disadvantages of unemployment are as clear as water to most people in the society even if they did not study economy. Deprived of a job meaning lacking of income‚ if the
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rivate universities in India - why? how? Why do we need private universities? Higher education in India has largely been the preserve of the Government till recently in terms of both funding and provision of education. But for this to continue‚ the Government should continue to be in a position to pour in large sums of money to fund higher education. Today‚ the Government is unable to find the funds even to keep up its own commitment of spending 6% of GDP on education. There is also a clamour
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