How Does Michael Porter Define Primary or Operational Business Activities

question 22

Essay

How does Michael Porter define primary or operational business activities?

Understand the definition and roles of the franchisor and franchisee.

Recognize the various types and examples of franchising.

Acknowledge the historical development of franchising.

Grasp the economic impact of franchised businesses, including job creation.

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Definitions:

Native American Rights Fund

A legal organization established in 1970 to defend and advance the rights of Native American tribes, communities, and individuals.

Tribal Ownership

The collective ownership of land, resources, or entities by indigenous tribes or groups, often governed by tribal laws and customs.

National Congress

A formal gathering or assembly at the national level, typically of representatives or delegates, involved in discussing and making decisions on matters of national importance.

Henry Kissinger

A German-born American diplomat and political scientist who served as National Security Advisor and later Secretary of State under Presidents Nixon and Ford, known for his role in shaping U.S. foreign policy, particularly in relation to Vietnam and the Soviet Union.