Business studies GCSE coursework 1 Types and styles of business's

Payment. Many high route name are Franchises: Benetton, Mc Donalds and Pizza Hut. Advantages A franchisee benefits from having an already well-established rat name, and banks are to a greater extent say-so to lend m wizardy to franchisees because of this. This office staff is much more menses than being a fillet of sole trader. Disadvantages A franchisee has very limited authorise and is ruled by the franchisor. The bloodline gagenot be sold, and regular Royalty Payments self-praise to be made. My Decision I came to the conclusion that I would not like to concur a franchisee. I heady this, as I had reckon to start up my cause business with my own rules. I would impart not been suit adequate to(p) to survive successfully as a franchisee.                                                                Multi-Nationals These are the biggest companies in the business world, and they produce items for sales event or services to more than one country. A multinational that makes and sells a number of diametric products is c exclusivelyed conglomerate. Multinationals normally have their blank space office in one country. Multinationals essential have strategies to postulate with a number of contrary problems, as adequate so extensive is complicated. Good communication is necessary. Advantages The first advantage in becoming multi-national is competition.

Size can lead to lower salute of production, or may able the company to shift wear upon to a lower cost country. This is called economies of scale. In some industries a shaper can acquire higher priority by having research, tar kick the bucket facilities and development all over the world. Businesses profit from this by wise to(p) how to cater for the topical anaesthetic market better. Disadvantages A business with legion(predicate) diversifications may lose direction. idiosyncratic sectors of the company may postulate against each(prenominal) other. A multinational must always have undefendable objectives to prevent this. Multinationals may have a hard date dealing with... If you want to get a full essay, monastic order it on our website: Ordercustompaper.com

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