Can Franchising as a strategy help organization gain market share Essay

Can Franchising as a strategy help organization gain market share globally case study as Starbucks - Essay Example 'The Word franchise is sometimes (particularly in the United States) is used in a wide sense more or less synonymous with distributorship. It is not a technical legal expression but in Europe the word generally connotes something along the lines of the setup described below. It is a distribution method described by a manufacturer or supplier who has developed a well known name and appearance for its product (usually including intellectual property rights). It may manufacture the goods itself or it may simply select goods produced by a third party. In the latter case the franchise maybe described as the business format franchise, since it is essentially a business format that is being exploited. In either case it will probably have established an 'image' for its existing sales outlets, connected with the physical appearance of the outlets and the business methods applied. These names 'trademarks' and image, will be known by the public and attract customers who recognize these familiar signs. Service franchises such as photocopy shops and hair dressing salons are also a type of business format franchise'2. 'The story of the Starbucks Corporation tells of one of the most successful business endeavors in recent memory. Unfortunately, if you dream of someday opening your very own Starbucks coffee shop, you should know that the Starbucks Corporation famously does not franchise its business operations. However, there are other ways to pursue a Starbucks franchise opportunity.The Starbucks Corporation is based in Seattle, where the first Starbucks stores were opened in Seattle's Pike Place Market in 1971. Howard Schultz, the director of retail and marketing for Starbucks, was inspired by the coffee culture of Southern Europe. Clearly, the Starbucks business model has attracted much success and attention. While many potential investors would relish the idea pursuing a Starbucks franchise opportunity, the company does not franchise their stores. There does exist another Starbucks franchise opportunity. The Starbucks Corporation does participate in the sales of license agreements to qualified businesses or individuals. The Starbucks license agreement allows a smaller company to sell Starbucks products and conduct its own operations. However, this smaller operation remains solely owned by the Starbucks Corporation. Another way to pursue a Starbucks franchise opportunity is through the route of a joint venture scheme. A joint venture scheme allows a company to align itself with the Starbucks Corporation in a hopefully mutually beneficial business relationship. The joint venture scheme is akin to the relationship forged between Barnes and Noble and Starbucks'3. "Advantages & Disadvantages of Franchising" 'Just like any other business structure, a franchise is no exception to the rule of having both advantages and disadvantages associated with owning such a business. While our list will actually make the distinction

Individual project 3 Essay Example | Topics and Well Written Essays - 1500 words

Individual project 3 - Essay Example ether a range of subjects that are pertinent to current global healthcare and fitness challenges especially when considered together with the need to reverse the rising incidences of lifestyle diseases. Individuals and societies around the globe should acknowledge the impact of diet on health and nutrition. It is common knowledge that a consistent pursuit of the right forms of diet can help bring down the incident of some of the lifestyle diseases among individuals, families, groups, and societies. Indeed, the rise in heart diseases, diabetes, some forms of cancer, obesity, and other life conditions correlated with the increase in poor diet practices across the globe (Shils, 2005). As such, it becomes necessary to consider the impact of nutrition within the understanding of the current trends and dietary practices and the consequences on human health. Most nutritionists will easily agree that the best way to maintain a healthy diet and cut down on the levels of cholesterol in the body is to reduce the daily intake of foods rich in cholesterol. The danger is that most people tend to ignore the value of restricting their diet to foods that are significantly lower in the levels of cholesterol. Many others lack access to the kind of knowledge that would help them avoid adverse health practices that are associated with high levels of cholesterol. However, basic categorizing of food into those that have high and cholesterol levels is one of the ways by which people can avoid the adverse impacts of cholesterol. Food substances such as meat pie, butter, cream, hard cheese, and biscuits contain high levels of saturated fat. Such foods have multiple adverse effects on health and fitness. Other foods such as salmon, mackerel, almond, sunflower, and corn have unsaturated cholesterol. A consistent pattern of feeding on this group of food can reduce the levels of cholesterol within days or weeks. Despite lack of thorough research on the impact of culture on general fitness,