Camp Dorcas Limited is exploring the possibility of entering the oil industry. It has done its due diligent of the industry and is happy with the figures and profit margins. Muna and Mulemba, the largest shareholders at 40% and 30% respectively intend to start the business via quick start business methods. They have settled for a franchise. Discuss with them the main types of franchises clearly stating which one you would recommend to them after explaining the salient features, advantages and disadvantages of each one of them. Thereafter, craft a model business plan for Camp Dorcas Limited to enable Muna, Mulemba and team to have strategic focus in the management of their enterprise.
Camp Dorcas Limited is exploring the possibility of entering the oil industry. It has done its due diligent of the industry and is happy with the figures and profit margins. Muna and Mulemba, the largest shareholders at 40% and 30% respectively intend to start the business via quick start business methods. They have settled for a franchise. Discuss with them the main types of franchises clearly stating which one you would recommend to them after explaining the salient features, advantages and disadvantages of each one of them. Thereafter, craft a model business plan for Camp Dorcas Limited to enable Muna, Mulemba and team to have strategic focus in the management of their enterprise.
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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