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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yield to provide food for all. For this purpose the use of chemical fertilizers and pesticides has been very high. Though satisfactory crop yield is obtained by the application of chemical fertilizers and pesticides‚ their use brings out certain disadvantages. These include pollution of large water resources‚ destruction of microorganisms‚ acidity of the soil and reduction in soil fertility etc. In recent years scientists have found an alternative way to deal with this deleterious effect of chemical
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their strengths and weaknesses. Then I compared exporting with other market entry strategies‚ so I could gain further insight to advantages and disadvantages of exporting. In the conclusion I outline which types of exporting fit SME’s and which fit MNE’s. Low cost exporting (“AT THE GATE” SELLING‚ EXPORT HOUSES‚ PIGGYBACKING‚ AGENTS‚ DISTRIBUTORS‚ FRANCHISES) Advantages Low cost exporting requires only a small direct investment‚ if any. It usually carries low risks of financial loss and companies
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What are the main advantages and disadvantages of foreign direct investment as a means of entering new markets? Support your answer with real examples‚ where possible. Introduction Globalization describes the process by which regional economies‚ societies‚ and cultures have become integrated through a global network of communication‚ transportation‚ and trade. Bhagwati (2004). Big part of globalization is Foreign Direct Investment. Foreign direct investment (FDI) can be defined as the
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Advantages and Disadvantages of Electronic Communication Technology in Modern Communication Communication is needed for decision making‚ co-ordination‚ control and planning. Communication is required for processing information in the accounting department‚ finance department‚ personnel department‚ establishment‚ of public relations‚ sales department‚ market research‚ production department‚ purchase department etc. Communication with the government‚ shareholders and prospective investors‚ customers
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all of the world and used by people every single day. But we have to face the consequences of using technology. Technology has positive and negative effect on our daily life. This is because technology can’t be always giving advantages to peoples‚ so there are also disadvantage of technology. The positive effect of technology is from the toy string phone to the advanced mobile phones of today technology has unquestionably made staying in contact a great deal less demanding. Cell phones have turned
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invisible. If you are seriously considering getting this new system‚ here are some of the advantages and disadvantages of Invisalign to help you decide. Advantages o Removable: compared to the metal and rubber band contraption that make up traditional
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Advantage (depending upon implementation some of these can turn into disadvantages) employment (1 emp/1000 tourist) (labor intensive‚ few administrative positions‚ little upward mobility.) infrastructure development (roads‚ water‚ electricity‚ telecom and cybercom‚ but not necessarily local priorities.) cultural preservation (economic incentives to preserve food‚ fashion‚ festivals and physical history‚ but these tend to be superficial elements of a culture.) environmental protection (econ incentives
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Audio can be used to enhance multimedia applications in a number of ways‚ for example in delivering lectures over the web‚ music used to add interest and emotion to a presentation‚ and other non-speech audio used as part of a general interface. Advantages: * It can convey meaning‚ providing an extra channel of information. It allows redundancy to be incorporated into the presentation of information‚ so that if the meaning is unclear to a user using visual information alone‚ the audio may clarify
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as every thin has two sides internet also has advantages and dis advantages. Advantages: Email. Email is now an essential communication tools in business. It is also excellent for keeping in touch with family and friends. The advantages to email is that it is free ( no charge per use) when compared to telephone‚ fax and postal services. Information. There is a huge amount of information available on the internet for just about every subject known to man‚ ranging from government law
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