Asked by Eskarlin Sanchez on May 13, 2024
Verified
Describe the ideal business format of a top-ranked franchise operation.
Business Format
The structure and model of a business, including aspects like its organization, business plan, and operational methods.
- Gain an understanding of the mechanisms and strategies utilized in franchise system development, including the identification of target audiences and the implementation of marketing plans.
Verified Answer
NA
Nader AlkhateebMay 18, 2024
Final Answer :
Dominant franchises have sophisticated training,a documented operations manual,and an identifiable feedback mechanism with franchisees.
Learning Objectives
- Gain an understanding of the mechanisms and strategies utilized in franchise system development, including the identification of target audiences and the implementation of marketing plans.
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