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Discuss the Advantages and Disadvantages Faced by Companies Such as McDonald's

question 143

Essay

Discuss the advantages and disadvantages faced by companies such as McDonald's and KFC,who use franchising as their preferred market entry strategy.


Definitions:

Political System

The system of government in a country, including the institutions, laws, activities, and principles that define how political power and authority are acquired, communicated, and exercised.

Coupon Rate

The annual interest rate paid by the issuer of a bond to the bondholder, typically expressed as a percentage of the bond's face value.

Secondary Market

A marketplace where previously issued securities and financial instruments such as stocks, bonds, options, and futures are bought and sold.

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