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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Advantages and disadvantages of television viewing In this new era of science and technology‚ we have incorporated technology into our everyday lives. In fact‚ we cannot live without electrical appliances that we call necessities and the television is one of them.Much has changed since the first television was invented - from black and white to colour televisions. For some‚ the television is a window to the modern world. By viewing the programmes that are aired on television‚ we can gain a lot
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After watching the video about Universidad Nacional Autónoma de México (UNAM)‚ the one of the top-ranking and largest universities in Latin America; I think that there are several advantages and disadvantages of studying at UNAM. To begin with‚ one of the great advantages of it is UNAM is located in one of the most traditional and picturesque neighborhood of Coyoacán in México‚ Distrito Federal‚ where students would enjoy its different kinds of activities‚ events‚ foods‚ and surroundings while they
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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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D61/60603/13 – WILLIAM SCOUT OMASETE DMA 501 MARKETING MANAGEMENT ASSIGNMENT 1 Marketing strategy is defined by David Aaker as a process that can allow an organization to concentrate its resources on the optimal opportunities with the goals of increasing sales and achieving a sustainable competitive advantage. Marketing strategy includes all basic and long-term activities in the field of marketing that deal with the analysis of the strategic initial situation of a company and the formulation‚ evaluation
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Shopping Malls – Some Advantages As Well As Disadvantages Today shopping malls have totally evolved to catch up with the modern lifestyle of the human beings. Because most people love shopping and loves hanging out within its vicinity despite not buying anything‚ a lot of entrepreneurs are smitten to invest in this kind of business. Although this business is great and has a potential to generate big amount of profit‚ still there are some disadvantages you must note before venturing into this kind
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ADVANTAGES & DISADVANTAGES OF TOURISM Advantages 1. Tourism provides foreign exchange (US dollars) which allows: i) The government to pay bills such as: a) Allows government to pay foreign debt. b) Allows the Bahamian dollar to stay on par with the US dollar. c) Allows government to pay the thousands of persons employed in government their monthly salaries. d) Allows government to have money to do road works‚ school construction and all other governmental works. ii) Allows Bahamians
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everyone and this will greatly affect a country’s economy. To prevent this from happening‚ some countries have made Bitcoin illegal. “Very few countries have gone as far as to declare Bitcoin illegal. That does not‚ however‚ mean that Bitcoin is "legal tender" - so far‚ only Japan has gone as far as to give Bitcoin that designation.” (Grewal 2018) Bitcoins aren’t necessarily illegal in most countries‚ but it just doesn’t have a legal tender meaning that there is no protection for either the consumer
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THE ADVANTAGES AND DISADVANTAGES OF TELEVISION In today modern world television is the most popular and recognized from of media and most homes in the western and developed worlds own one. That small (in some cases rather large) box sitting in your lounge is your connection to the outside world. It is an indispensable item and many of us cannot imagine life without it. As with everything there are advantages and disadvantages with the television. The main advantage is televisions ability to bring
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TECHNOLOGY WHICH IS NOT LACKING FROM OUR LIVES. THIS REPORT WILL DISCUSS THE ADVANTAGES AND DISADVANTAGES OF USING MOBILE PHONES. > DELETE > SEE? WE ARE TRIMMING WORDS ALREADY TODAY‚ MOBILE PHONE HAS BECOME POPULAR TO EVERYBODY SINCE IT IS VERY CONVENIENT. > PHONES HAVE > POPULAR FOR EVERYBODY > SINCE THEY ARE > DELETE "VERY" BECAUSE OF THEIR CONVENIENCE‚ MOBILE PHONES HAVE BECOME UNIVERSALLY POPULAR. THE MOST ADVANTAGE OF HAVING A MOBILE PHONE IS YOU CAN COMMUNICATE TO YOUR FAMILY AND YOUR
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