chapter 8 section 4 n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
Chapter 8 section 4 PowerPoint Presentation
Download Presentation
Chapter 8 section 4

Loading in 2 Seconds...

play fullscreen
1 / 13

Chapter 8 section 4 - PowerPoint PPT Presentation


  • 63 Views
  • Uploaded on

Chapter 8 section 4. Nicole, Caillaux J ilmar , A ltamirano. Business Franchise. A semi-independent business that pays fee to a parent company in return for the exclusive right to sell a certain product or service in a given area. Examples of a business franchise is, Wendy's and McDonalds. .

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Chapter 8 section 4' - calla


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
chapter 8 section 4

Chapter 8 section 4

Nicole, Caillaux

Jilmar, Altamirano

business franchise
Business Franchise
  • A semi-independent business that pays fee to a parent company in return for the exclusive right to sell a certain product or service in a given area.
  • Examples of a business franchise is, Wendy's and McDonalds.
royalty
Royalty
  • A share of earnings given as payment.
  • Royalties are typically a percentage of gross or net sales derived from use of an asset or a fixed price per unit sold of an item.
  • Ex. A IHOPs franchise pays a percentage of their net sales per month, some franchises pay by the year or some every quarter
c ooperative
Cooperative
  • A business organization owned and operated by a group of individuals for their mutual benefit.
  • Ex. A farm which has several different farmers who each produce a certain amount of eggs, which then sells to different companies under one name.
consumer cooperative
Consumer Cooperative
  • Retail outlet owned and operated by consumers.
service cooperative
Service Cooperative
  • Cooperative that provides a service, rather than a good
producer cooperative
Producer Cooperative
  • Agricultural marketing cooperative that helps members sell their products.
nonprofit organization
Nonprofit organization
  • Institution that functions much like a business, but does not operate for the purpose of generating profits.
  • Ex. Bailey House, Boys and Girls Club of America, and Operation Smile
professional organization
Professional Organization
  • Nonprofit organization that works to improve the image, working conditions, and skill levels of people in particular occupations.
business association
Business Association
  • Nonprofit organization that promotes collective business interests for a city, state, or other geographical area, or for a group of similar businesses.
trade association
Trade Association
  • Nonprofit organization that promotes the interests of a particular industry.
advantages and disadvantages of a franchise
Advantages and Disadvantages of a Franchise
  • Advantages: management training, support, and standardized quality.
  • Disadvantages: high franchising fees, royalties, strict operating standards, purchasing restrictions.
slide13
Quiz
  • 1. define business franchise?
  • 2. compare business association with trade association
  • 3. what is an example of a business franchise?
  • 4.in your own words define cooperative
  • 5. what are some advantages and disadvantages of a franchise?