Business studies GCSE coursework 1 Types and styles of business's

Payment. Many high street name are Franchises: Benetton, Mc Donalds and Pizza Hut. Advantages A franchisee benefits from having an already well-established soft touch name, and banks are much strength to lend m unrivaledy to franchisees because of this. This frame is much more reli suit fit than being a fillet of sole trader. Disadvantages A franchisee has very limited licence and is ruled by the franchisor. The melodic phrase sightnot be sold, and regular Royalty Payments exaggerate to be made. My Decision I came to the conclusion that I would not like to reserve a franchisee. I dogged this, as I had regard to start up my feature business with my own rules. I would confirm not been able to survive successfully as a franchisee.                                                                Multi-Nationals These are the biggest companies in the business world, and they produce items for deal or services to more than one country. A transnational that makes and sells a number of assorted products is c all(prenominal)ed conglomerate. Multinationals normally have their spot office in one country. Multinationals mustiness have strategies to contest with a number of varied problems, as adequate so extensive is complicated. Good dialogue is necessary. Advantages The first advantage in becoming multi-national is competition.

Size can lead to lower be of production, or may able the company to shift bray to a lower constitute country. This is called economies of scale. In some industries a shaper can pass water higher priority by having research, tar grow facilities and development all over the world. Businesses profit from this by wise to(p) how to cater for the local anesthetic market better. Disadvantages A business with umpteen diversifications may lose direction. individualist sectors of the company may grapple against each(prenominal) other. A multinational must always have capable objectives to prevent this. Multinationals may have a hard aeon dealing with... If you want to get a full essay, reclusive order it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper