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10 Explain why an entrepreneur decide not to take out a franchise agreement against independent business. [5]
Posted: Mon Oct 30, 2023 11:11 pm
by Sir Afzal Shad
Q10 Explain why an entrepreneur decide not to take out a franchise agreement against independent business. [5]
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Possible Structure:
[KN]
[AN]
[AN+]
[AN+]
[AN+]
Re: 10 Explain why an entrepreneur decide not to take out a franchise agreement against independent business. [5]
Posted: Wed Nov 01, 2023 10:22 pm
by Shanze Arsalan
KN: To have full control over all aspects of the operation, including business decisions, branding, marketing, and pricing strategies
AN: In this way they will be able to ensue better quality of work
AN+: Better quality of work leads the products and services of business seem attractive to customers and thus larger customer base will be developed leading to brand image development.
OR..
(KN): No need to share profit
(AN): Can invest more on advertisement and marketing
AN+: This will help in increasing custonerbase
WHICH ANSWER IS BETTER?
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Moderator Comment:
1. Please follow the structure of 5 Marker
2. Second structure is better but need to increase the depth in each point please.
Afzal Shad
Re: 10 Explain why an entrepreneur decide not to take out a franchise agreement against independent business. [5]
Posted: Thu Nov 02, 2023 7:04 pm
by Malik Adeesa
[KN]:the franchisee shall have limitations to decision making.
[AN]:all the decisions will be made by the franchisor and the franchisee will have no option but to implement the decision .
[AN+]:the franchisee can not implement his innovation.
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Moderator Comment:
Please follow the structure of 5 Marker
Afzal Shad