Abstract Purpose: This paper aims to explain: How does the franchisor maintain the franchise network relationship and manage the franchisee effectively. Methodology: In order to collect the data for the research I used both primary and secondary information. Primary data was collected through an interview with the employee of Aiyaya company. Secondary data was collected through articles and online resources. Findings: The research reveals that investment in information technology‚ high quality
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operates and grants franchises to operate quick-service hamburger restaurants using certain trademarks‚ service marks and trade names‚ and a recognized design‚ equipment system‚ color scheme and styles of buildings and facilities‚ signs‚ certain standards‚ specifications and procedures of operation‚ quality and consistency standards for products and services offered‚ and procedures for inventory control and management. Franchise Offer: BKC currently has three different forms of franchise agreement‚ corresponding
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History Years ago‚ when the Singhania family was building‚ consolidating and expanding its various businesses in Kanpur‚ one Mr. Wadia was in a similar manner setting up a small woollen mill in the area around Thane creek‚ 40 kms away from Bombay. The Sassoons‚ a well-known industrialist family of Bombay‚ soon acquired this mill and renamed it as The Raymond Woollen Mills. Around the same time‚ the Singhanias aimed to broaden their business horizons. The family’s sharp business foresight led to
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FRANCHISE Case Study 1: Intro to Business ____________________________________________________________________________ FRANCHISE Case Study Questions: 1) Discuss the benefits and drawbacks of opening a franchise. (6 marks) The benefits of opening a franchise is that the franchisor would provide support‚ assistance and training; they would have a recognized name and products and; opening the franchise would be a reduced risk to the franchisee. The drawbacks of opening a franchise is that
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Franchising first took hold in Vietnam in the 1990’s with the appearance of well-known foreign fast food chains like KFC‚ Lotteria‚ and Jollibee. With the passage of several franchise laws and decrees‚ franchising businesses have become more widespread in recent years‚ with a number of well-known foreign and domestic franchise brands operating in the market. And while Vietnam’s entry into the World Trade Organization in 2007 heralded the opening of the retail sector to foreign investment‚ the slow
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A Practical Guide to Sampling Statistical & Technical Team This guide is brought to you by the Statistical and Technical Team‚ who form part of the VFM Development Team. They are responsible for advice and guidance on quantative‚ analytical and technical issues. For further information about the matters raised in this guide‚ please contact: Alison Langham on ext. 7171 This guide is the latest in a series on sampling. It has been produced in response to a large number of requests
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Sampling is concerned with the selection of a subset of individuals from within a statistical population to estimate characteristics of the whole population. Acceptance sampling is used to determine if a production lot of material meets the governing specifications. Two advantages of sampling are that the cost is lower and data collection is faster than measuring the entire population. Sampling is the process of selecting units (e.g.‚ people‚ organizations) from a population of interest so that
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Ans.1: Non-Probability Sampling: When the units of a sample are chosen so that each unit in the population does not have a calculable non-zero probability of being selected in the sample‚ this is called Non-Probability Sampling. Also‚ Non-probability sampling is a sampling technique where the samples are gathered in a process that does not give all the individuals in the population equal chances of being selected. In contrast with probability sampling‚ non-probability sample is not a product
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Systematic Matching sampling is a way‚ a procedure or a manner of taking action following processes. In such cases before conducting field research‚ it is taking a certain approach of identifying which course of action best suits the chosen field of study with concern to undertaking research. The purpose of this essay is to discuss what systematic matching is and how researchers use this method to determine satisfactory results. “The purpose of matching is to find an available respondent who is
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with details of how a franchise agreement can be made with Boost Juice. Franchise Agreement The term of initial franchise agreement with Boost Juice is seven years with an option to renew for a further two terms of seven years. As part of the franchise agreement the franchisee must pay an ongoing royalty fee of 8% + GST of the monthly sales. Boost Juice provides comprehensive training and ongoing support to all franchisees as part of the contract and also provides a Franchise Business Consultant
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