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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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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The advantages and disvandages of the commercials have long been a subject of discussion among people. The opinions vary from people to people. Some people think ads have many negative social effects. They think there are many false and misleading advertisements in present-day society. These commercials maybe deceive or mislead consumers.It will waste consumers’ money and time. Perhaps it will harm to consumers. They also think the extra costs of advertising will be passed on to the consunners
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Advantages and Disadvantages of Colonialism Matthew Toms Professor Mehdi Nazer SOC300 v201103 August 31‚ 2011 Introduction Colonialism is dominating or conquering a territory and involving the subjugation of one people to another (Kohn‚ 2011). At the end of 15th century‚ Portugal and Spain explored the seas to find another route to Asia through the Mediterranean Sea for three things – God‚ Gold and Glory. Their mission was to introduce Christianity/Catholicism to the Asian natives‚ find
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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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Exercise - Advantage and disadvantage Advantages of exercise Frequent and regular exercise has been shown to help prevent or to cure major illnesses such as high blood pressure‚ obesity‚ heart disease‚ Type 2 diabetes‚ insomnia‚ cancer and depression‚ and many more diseases. However‚ the actual risk reduction may not be as large as one expects. Researchers have shown that three 10 minute walks burn as many calories and exercise your heart as well as one 30 minute walk. Exercise can also increase
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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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Sarah Westerhaus Westerhaus 1 May 7‚ 2013 Advantages and Disadvantages of Drugs At this exact moment‚ a seventy-four year old United States veteran is suffering from Post-Traumatic Stress Disorder (PTSD) caused by his fight for survival in the Vietnam War. Because of his condition‚ he goes through daily paranoia‚ depressing memories‚ and stress related pain that never seems to dissipate. Even worse‚ there is a distance between him and his family that grows further and further each
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isolated bacteria were named initially as Bacillus bifidus communis‚ which was later renamed to the genus Bifidobacterium. He observed that Bifidobacteria is the dominant in the gut microflora of breast fed infants and also he observed the clinical advantages in using Bifidobacteria in treating infant diarrhoea. Alfred Nissle‚ German professor‚ during an outbreak of shigellosis in 1917‚ isolated a strain of Escherichia coli from faeces of a soldier who was not infected by the disease‚ antibiotics were
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