Explain Franchising as an Entry Strategy into Foreign Markets

question 84

Essay

Explain franchising as an entry strategy into foreign markets. Describe three advantages and three disadvantages of franchising for the franchisee.

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Definitions:

Not Guilty

A legal declaration by the court that a person accused of a crime did not commit it or has been exonerated of the charges.

Error In Trial

A mistake made during a courtroom trial that is significant enough to potentially affect the trial's outcome, warranting a review or appeal.

Civil Law

A legal system based on written codes or statutes, as opposed to common law, which is based on precedent and judicial decisions.

Public Law

A body of law that regulates the relationships between individuals and society, and includes constitutional, administrative, and criminal laws.