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प्रश्न
Explain in brief the three ways in which an organisation can expand externally.
उत्तर
The three ways in which an organisation can expand externally are:
- Franchising: Franchising is an arrangement through which the manufacturer or sole distributor of a trademarked product or service gives exclusive rights of local distribution to independent retailers in return for royalties and conformance to standardized operating procedures,
- Merger: It is the combining of two firms into a single large firm.
- Acquisition: Acquisition or takeover is enveloping in itself a range of acquisition transactions by a firm.
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संबंधित प्रश्न
Who is a franchisor?
Who is a franchisee?
What is franchising?
Which is the most popular form of franchising?
Enumerate the importance of franchising.
Explain the types of franchising.
What are the disadvantages of franchising to the franchisee?
Explain the advantages of franchising, both for the franchisor and franchisee.
Choose the Correct Answer.
A condition where a factor agrees to provide a complete set of services like financing, debt collection, consultancy is called ______
An organization carrying out activities to move goods from producer to consumer is ______.
Choose the Correct Answer.
The model that identifies alternatives, criteria for decision making and analyzes alternatives to arrive at the best choice is ______
State two disadvantages of franchising?
What are the types of franchising?
Enumerate the characteristics of franchising.
Assertion (A): In franchising there is usually a much higher likelihood of success when an individual opens a franchise as opposed to a mom-and-pop business.
Reason (R): It runs on a proven business formula that is already in place.
Franchising is advantageous for both franchisor and franchisee. Explain five advantages of franchising for the franchisee.
