DB SC bus139 Assignment Example | Topics and Well Written Essays - 750 words

DB SC bus139 - Assignment ExampleOn the contrary this form of business manner helps to achieve economies of scale where bullion heap be allocated as per requirements. I feel that every business has the desire to expand crossways wide areas and in order to meet such an objective franchising is the best possible solution. The major vantage of this method is to have control on capital and operate across the globe without much of intervention. It potbelly be stated that franchisees are able to provide a large customer base along with some exceptional talent which fucknot be accessed by a business that has its wholly owned subsidiary. high level of consistency and graphic symbol are maintained by franchisees as they are bound within an agreement. This in turn increases the scope for success of the new business. On the contrary the major disadvantage of the method is that expertise and skills of a firm unavoidably to be shared by all the franchisees. There can even be an issue wi th timely payment of fees and royalties by franchisees which would disrupt the relationship between franchisor and franchisee and at last have an impact on the business (Longenecker, Palich & Hoy 94-99). In order to avoid such a situation the best possible measure is to set forth an agreement with all possible price and conditions and then I would prefer to have limited number of franchisees who can be easily controlled.I was working as an employee with a renowned organization located in United States known as kraft paper Foods. The industry in which the company operates is highly competitive with large number of players. However Kraft Foods has been able to establish its unique position in the market due to high product quality and innovative food items which it brings forth for its customers. Food and Beverage industrial sector is a segment that needs constant monitoring as any new move made by competitor can result into loss of market share. While I was working in this organiza tion, I observed a good management situation in which top