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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Part 3: disadvantages‚ related to the water restriction: However,Roberts‚ R‚. Mitchell‚ N‚ & Douglas‚ J(2005)propose that the water restriction leads to some issues and concerns. Some economic costs‚ related to water restriction can be borne inappropriate distribution by certain consumers. (Roberts‚ R‚. Mitchell‚ N‚ & Douglas‚ J,2005) In recent years‚ as the result of imposing the water restriction‚ some cities have to establish a ban on outdoor water use. But National Water Commission
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recreation‚ but also the provision of services for this act. It might occupy local services such as entertainment‚ accommodation and catering for tourists. It may seem‚ that tourism brings only benefits‚ but further consideration shows that it also has disadvantages. According to Shirleyrader (2014) ‚ many countries depend heavily upon travel expenditures by foreigners as a source of taxation and as a source of income for the enterprises. Therefore‚ the development of tourism is often a strategy to promote
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A review of “First-Mover Disadvantage” By William Boulding and Markus Christen What is this article about as a whole? In today’s business environment many believe that in order to be successful and most profitable that they must be the “first mover”. The first mover is the initial firm that paves the road for a new product or market. It is believed that the first movers lock in competition enabling them to squash future entrants. The first mover often has heavy brand recognition or even
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Advantages and Disadvantages of Menu A restaurant menu categorizes the types of food it offers by grouping it into sections such as appetizers‚ soups‚ salads‚ entrees and desserts. Restaurants that offer a variety of meals‚ i.e.‚ breakfast‚ lunch and dinner‚ often separate the menu by meal to aid diners in their review. Having categories can simplify even the largest menu‚ making it easy for diners to make their selections. Restaurant menus give diners the advantage of knowing
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Introduction The world economy has entered an era of total competition. Traditional barriers have begun to fall‚ new-sophisticated competitors have emerged‚ and global rivalry increased. There are many examples around the world where the traditional sources of comparative advantage are less valuable than initially perceived for the development of a strong‚ competitive economy. The new type of development is one that involves the whole market and all institutions in the economy. Productivity is
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option for everyone‚ and has certain disadvantages for younger couples. The average age for a first marriage in the US is 27 for women and 29 for men -- roughly six to seven years older than first marriages of previous decades. However some couples still choose to get married much younger -- sometimes right out of high school. Related Searches: Marriage Divorce LawMarriage and RelationshipMarriage Divorce LawMarriage and Relationship Sense of Self One disadvantage of early marriage is that younger
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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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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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health care facilities‚ and thy use some devices for the point of care documentation. The purpose of this paper is to discuss electronic health record devices that are used to document point of care. The paper further discusses the advantages and disadvantages of electronic health records which are being used at the point of care. Finally the paper will then discuss a recent visit to the doctor where an electronic health record device was used at point of care. Electronic devices
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