UNDERSTANDING BUSINESS (LL)
13th Edition
ISBN: 9781264632046
Author: Nickels
Publisher: MCG
expand_more
expand_more
format_list_bulleted
Question
Chapter 5, Problem 2PPT
Summary Introduction
To discuss: The way to obtain information needed about the franchise.
Introduction:
When the right to use the name of a specific business is given to somebody to sell the goods and services under the name in a particular territory, it is known as franchise.
Expert Solution & Answer

Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Formal Topic-to-sentence Outline
Topic: Integrating life skills in the classroom
Thesis statement: Integrating life skills is an easy
process; it constitutes first identifying the problem to
which the skills apply, identifying relevant life skills
& embedding life skills into the curriculum.
Sub-points/topics
Topic Sentences
Identifying the
problem to which
the skills apply
First, it is important to
identify the problem to which
the life skills apply, to ensure
relevance.
Identifying
relevant skills
Second, skill-identification is
a strategic and logical
approach to integrating life
skills in the classroom.
Embedding life
skills into the
curriculum
The third step of the process
of integrating life skills in the
classroom is embedding them
into the curriculum.
:=
Create an oral presentation in which you critically
appraise Saudi's formal topic-to-sentence outline.
r
At the end of 2014, a large university hospital in the Netherlands launched a procurement tender exercise for surgical suture material. The rationale for hospital management to initiate this procedure was cost-cutting and standardization. The award criteria were focussed on the most economically advantageous tender. There were different suppliers on the market that were able to produce and deliver high-quality surgical suture material for a lower price than was currently being paid. Consequently, the tender was awarded to a new supplier.The top managers and purchasing manager who initiated the tender trod carefully and implemented this relatively small-scale change initiative according to some basic change management principles (e.g. Kotter, 2012): they built a guiding coalition that incorporated renowned medical specialists, they consulted department heads and they communicated the change to surgeons through different channels. Furthermore, it was recorded in the tender that the new…
an in depth summary on organizational change models with emphasis on kotter's change model
Chapter 5 Solutions
UNDERSTANDING BUSINESS (LL)
Ch. 5.1 - Prob. 5.1AQCh. 5.1 - Prob. 5.1BQCh. 5.1 - Prob. 1TPCh. 5.1 - Prob. 2TPCh. 5.2 - Prob. 5.2AQCh. 5.2 - Prob. 1MEDCh. 5.2 - Prob. 3TPCh. 5.2 - Prob. 4TPCh. 5.3 - Prob. 5.3AQCh. 5.3 - Prob. 5TP
Ch. 5.3 - Prob. 6TPCh. 5.3 - Prob. 7TPCh. 5.3 - Prob. 8TPCh. 5.4 - Prob. 5.4AQCh. 5.5 - Prob. 5.5AQCh. 5.5 - Prob. 5.5BQCh. 5.5 - Prob. 5.5CQCh. 5.6 - Prob. 9TPCh. 5.6 - Prob. 10TPCh. 5.6 - Prob. 11TPCh. 5 - Prob. 1CECh. 5 - Prob. 2CECh. 5 - Prob. 3CECh. 5 - Prob. 4CECh. 5 - Prob. 1CTCh. 5 - Prob. 2CTCh. 5 - Prob. 3CTCh. 5 - Prob. 4CTCh. 5 - Prob. 1DCSCh. 5 - Prob. 2DCSCh. 5 - Prob. 3DCSCh. 5 - Prob. 4DCSCh. 5 - Prob. 5DCSCh. 5 - Prob. 1PPTCh. 5 - Prob. 2PPTCh. 5 - Prob. 1VCCh. 5 - Prob. 2VCCh. 5 - Prob. 3VC
Knowledge Booster
Similar questions
- introductory information in paragraphs on organizational change models including kotter's change model. (Include sources)arrow_forwardintroductory information on organizational change models with emphasis on kotter's change model. (Include sources)arrow_forwardD M ۱۱:۲۳ 4G+ ۱۱۱۰۹۴ ۳۵ درصد فارسی چند تا مقاله میخوام در حوزه مالی رفتاری chand ta moghaleh mikham dar hozeh mali raftari آیا منظورتان این بود خواهم در حوزه چند تا مقاله مالی رفتاری انگلیسی I want some articles in the field of behavioral finance ||| وهarrow_forward
- This is a MIS (Management Information Systems) Question.arrow_forwardRank in orderarrow_forwardThis group assignment is a study of business initiatives applicable to managing the ESGmandate. The development of the ESG framework is as encompassing and impactful as that ofISO9001 in the late 1980s or the EU’s REACH regulation in in the 2000s.The subject of this study is Patagonia, Inc., an American retailer of outdoor recreation clothing,equipment, and food. The company is headquartered in Ventura, California, USA. This casestudy will focus solely on the outdoor recreation clothing division of the company. Question : “Everything we make has an impact on the planet”https://www.patagonia.com/our-footprint/Appraise how Patagonia’ applies the concept of ‘Impact, Externality and ExtendedResponsibility’. Provide explanation, useful links , citations and examples. This is regarding a module in SUSS Procurement Strategy and Policyarrow_forward
- Hi, Amazon works with four different vendors to package and send magazines to customers. We want to identify the top three vendors. Remember Amazon’s goals: Maintain high customer satisfaction, Ship products on time, Minimize costs. Each vendor is rated on several performance metrics. Can you identify the vendors that best meet Amazon’s goals? Thank you, Nadia Loomisarrow_forwardWhat defines the bargaining zone in a negotiation?- The bargaining zone, or the zone of possible agreement (ZOPA), is the scale of acceptable outcomes in a negotiation. At one end is the lowest price/ set of terms one party is ready to accept, and the other end of the scale is the highest price/ desired terms of the negotiation. Typically, each party starts on either side of the scale at the beginning of a negotiation. Successful negotiations meet in the middle of this range of acceptable outcomes, resulting in a mutually beneficial agreement (Thompson, 2020). How does a positive or negative bargaining zone affect the outcome of a negotiation and one's BATNA? - The bargaining zone (ZOPA) directly impacts the strength of one's BATNA (Best Alternative to a Negotiated Agreement). A strong BATNA provides leverage to negotiate better terms in a positive bargaining zone, where the buyer's maximum exceeds the seller's minimum (Thompson, 2020). The negotiator can push closer to their…arrow_forwardHow does a positive or negative bargaining zone affect the outcome of a negotiation and one's BATNA? Provide a real life example.arrow_forward
- What defines the bargaining zone in a negotiation? Provide real life examples.arrow_forwardSection 1: The Evolving Roles of Financial Institutions in the Caribbean •Disruption and Competition: How have global FinTech trends impacted Caribbean banks? Provide specific examples of FinTech innovations relevant to the region (e.g., mobile money, remittance platforms) and analyze their effects on local banking activities. Discuss the challenges and opportunities these present, considering the unique characteristics of Caribbean markets (e.g., smaller size, dispersed populations).•The Rise of NBFIs in the Caribbean: Explore the role of NBFIs in the Caribbean financial system. Discuss the different types of NBFIs operating in the region (e.g., credit unions, insurance companies, development banks) and their contributions to financial intermediation. Analyze the regulatory frameworks governing NBFIs in the Caribbean and identify any potential gaps or areas for improvement.2•Correspondent Banking Challenges: Discuss the challenges faced by Caribbean banks in maintaining correspondent…arrow_forwardI need answer typing clear urjent no chatgpt used pls i will give 5 Upvotes. Pls full explanation no chatgpt and no AI usedarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Foundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage LearningFoundations of Business - Standalone book (MindTa...MarketingISBN:9781285193946Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage LearningPurchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage Learning
- Management, Loose-Leaf VersionManagementISBN:9781305969308Author:Richard L. DaftPublisher:South-Western College PubMarketingMarketingISBN:9780357033791Author:Pride, William MPublisher:South Western Educational Publishing

Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning

Foundations of Business - Standalone book (MindTa...
Marketing
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning

Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning

Management, Loose-Leaf Version
Management
ISBN:9781305969308
Author:Richard L. Daft
Publisher:South-Western College Pub
Marketing
Marketing
ISBN:9780357033791
Author:Pride, William M
Publisher:South Western Educational Publishing