Franchising and licensing: Two powerful ways to grow your business in any econom
ID: 461213 • Letter: F
Question
Franchising and licensing: Two powerful ways to grow your business in any economy (4th ed.)
Chapter 18 – Strategic and Structural Alternatives to Franchising
Typically the co-op is owned and controlled by its members. Commonly known retail co-ops (which are often confused with franchise systems) include Ace Hardware and NAPA Auto Parts, and an example of a well-known agricultural co-op is the Sunkist brand of citrus fruits and juices.
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Think to Asian country such as Thailand – are there any cooperatives there that work in a similar manner to the ones listed.
Use the information provided in the text as a reference for the cooperative model.
Are those cooperatives also trying to avoid the stereotype of franchising?
Explanation / Answer
yes, cooperatives also one kind of franchisings which works in the same way. these business firms works with no profit motive but franchises works only with profit motive. if the franchiser does not able to get profit, he does not show interest to give licence for franchising.
it is common in even asian countries or any other nation also. those societies works for the benefit of a specific community. we can not find these kind of cooperative socities in asian nations. here free market is in practice in all aspects. only few services are in the hands of control, and the remaining also run their activities by following regulations issued by concern government bodies only.
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