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Explain franchising as an entry strategy into foreign markets. Describe three advantages and three disadvantages of franchising for the franchisee.
Location Analysis Technique
A systematic approach used to determine the most optimal location for a business or facility, considering factors like cost, accessibility, and market demand.
Determinants of Revenue
Various factors or elements that influence the total income generated from the sale of goods or services by a company or organization.
Shipment Cost
The expenses associated with the transportation of goods from one location to another, including freight charges and packaging.
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