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What Is Franchising? What Is the Relationship Between a Franchisor

question 13

Essay

What is franchising? What is the relationship between a franchisor and franchisee? Describe at least one advantage and one disadvantage of franchising for the franchisor, and at least one advantage and disadvantage for the franchisee.

Understand the principles of Total Quality Management (TQM) and its application in organizational contexts.
Recognize the importance of crisis management in organizations.
Learn about service quality dimensions and their significance in customer satisfaction.
Understand different perspectives on product quality.

Definitions:

Mailing List

A collection of email addresses or postal addresses used by individuals or organizations to send information, updates, or promotional material to multiple recipients simultaneously.

Circulation Vice President

An executive role responsible for overseeing the distribution and circulation strategies of publications in an organization.

Customer Profile

A customer profile is a detailed description of a business's ideal customer based on their demographics, behaviors, preferences, and needs.

Background Information

Preliminary details or historical context which provides a deeper understanding of a current situation or subject.

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