What Are the Primary Advantages and Disadvantages of a Franchise

question 229

Essay

What are the primary advantages and disadvantages of a franchise arrangement for a franchisee?

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Definitions:

Schemas

Cognitive frameworks or concepts that help individuals organize and interpret information in the world around them.

Cognitive Developments

The process by which an individual's ability to think, understand, and reason matures over time.

Haphazard

Lacking any obvious principle of organization; random or disorganized.

Developmental Stage

A distinct period in the life span characterized by particular patterns of behavior and cognitive abilities.