The document discusses franchising and provides details on:
1) The main types of franchising which include job, product distribution, business format, and investment franchising.
2) Key franchising terminologies such as franchise, franchisor, franchisee, and their definitions.
3) Well known international companies involved in franchising like McDonald's, Apple, Coca-Cola, PepsiCo, and Starbucks.
4) Popular franchising businesses in the Philippines including Jollibee, Siomai King, 7-11, Master Siomai, and others.
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Franchising Activity 1
The document discusses franchising and provides details on:
1) The main types of franchising which include job, product distribution, business format, and investment franchising.
2) Key franchising terminologies such as franchise, franchisor, franchisee, and their definitions.
3) Well known international companies involved in franchising like McDonald's, Apple, Coca-Cola, PepsiCo, and Starbucks.
4) Popular franchising businesses in the Philippines including Jollibee, Siomai King, 7-11, Master Siomai, and others.
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Franchising
CN:2339 Activity 1
1. Give the different types of Franchising (10 pts).
Job Franchise – this is a home-based or low investment franchise that is taken by a person who wants to start and run a small franchised business alone. Product Distribution Franchise – simply sell the products of the franchisor in their area of operation. The franchisor usually only licenses their trademark and logo but does not provide the whole system of running the business. Business Format Franchising – the franchisor provides to the franchisee not just its trade name, products and services, but an entire system for operating the business. Investment Franchise – is usually a large-scale business that requires a huge capital investment (huge compared to other franchising options). The franchisee is actually a major investor who provides the money and management team, or sometimes engages their own franchisee, to operate the business. Conversion franchising – occurs when a franchisor adds new franchisees to the system by recruiting independent businesses, chains, and/or franchisees from other franchised systems. 2. Give at least five (5) terminologies in franchising and its definition (5pts). Franchise – is a commercial contract between 2 parties in which the franchisor grants the franchisee the right to operate a business or to offer, sell, or distribute goods or services that bear the franchisor's trademark. Franchisee – the person or company that obtains from the franchisor the right to conduct business under the franchisor's trademark or trade name. Franchisor – a person or company who grants a license to a third party to open a new location and sell products or services under their brand, intellectual property, or expertise. The original business sells the right to use its idea and name to the franchisor. FDD (Franchise Disclosure Document) – is the format for the disclosure document which provides information about the franchisor and franchise system to the franchisee. Trademark – brand name, and logo that identify a franchisor and are licensed to the franchisee. 3. Give at least five (5) known international companies that are into franchising (5pts). McDonald’s Apple Coca – Cola PepsiCo Starbucks 4. Give at least ten (10) known franchising business in the Philippines (10). Jollibee Siomai King 7/11 Master Siomai Zagu Turks Mister Dunot Pizza Hut KFC Shell Petrol Station