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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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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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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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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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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TNCs growing most rapidly in the 1960s the foundations were laid in the inter-war period‚ notable examples being that of Ford‚ Phillips and Vauxhall. Around 90% of TNCs are based in MEDCs. I will discuss social‚ economic and environmental advantages and disadvantages of TNCs. There is a number of benefits in which TNCs create economically‚ one of the most significant benefit is infrastructure development that is created due to the demands and requirements of the TNCs. This can include the building
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1.0 – Introduction Ads. Short for advertisements‚ they conquer the modern world‚ seen on televisions‚ heard on radios and glanced at on roads and highways. The following assignment will attempt to cover the techniques and tactics used by advertising agencies and companies to persuade a person to purchase a product‚ which is the main intention of the world-wide advertising scheme of the 21st century. Two ads will reviewed‚ both advertising separate alcohol companies‚ one being beer‚ and the other
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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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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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