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The traditional organization is based on the bureaucratic model that emphasizes a command-and-control structure,decentralized decision making,highly formalized systems,specialized tasks,and an adaptive culture.
Exclusive Territory Rights
The privilege granted to an entity allowing it to operate or sell within a specific geographic area without competition.
Overlapped Franchise Areas
Regions where the territories or markets of two or more franchise operations intersect or coincide, potentially leading to competition between them.
Termination of the Franchise Agreement
The legal ending of the contract between a franchisor and franchisee, which may occur for various reasons, including breach of contract or mutual agreement.
Disclosure Statement
A document that outlines important information, terms, or conditions about a financial transaction or investment that must be known by all parties involved.
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