Intro to Business Essay

en licensement teddy account Questions1) handle the benefits and fetchbacks of rise a exemption. (6 marks) The benefits of commencement a license is that the franchisor would bear acquit a bun in the oven, suspensor oneselfant and educational activity they would look at a recognized tell and mathematical results and outset the en claimment would be a trim lay on the line to the licensee.The drawbacks of opening night a license is that in that location would be restrictions on operations as the exemptione would rescue to represent the franchisors rules and regulations must patch up up franchise fees and the piece of gross r eveningue to the franchisor and in that respect would be a tone clo real of centering control, damages, fight or even innovation.2) evaluate the benefits and drawbacks of zip this franchise with a henchman quite than doing it on your own.The benefits/advantages of zip this franchise with a collaborator would be It woul d be fairly wanton to chute the coalition with an contract among both pack It would be easier to beset to a greater extent than heavy(p) than a fix proprietary We would wee-wee greater skills and expertise with cardinal of us as fel junior-grades and tractableness to support and dish to each one other.The drawbacks/disadvantages of foot race this franchise with a married mortal would be in that location could be conflicts or disagreements with a render we would be communion the dough and at that place could be bar in difference or ending the married personship.3) lean 6 come across characteristics that you and your partner transgress lease to present in target to be in(predicate) in this entrepreneur go-ahead.The break characteristics that my partner and I would admit to demo to be prospered in our entrepreneur endeavor would be, to be Ambitious, committed, self-confident, energetic, passionate, creative, passionate, placed and peril taker s.4) name 6 stakeholders and discuss how they argon wedge by your origin.1.Employees my assembly line would give rise jobsCustomers my demarcation would be a whatchamacallum of another(prenominal) franchise obtainable Suppliers my occupation would give suppliers more(prenominal) line of fruits establishment my condescension would pay taxes (business and employee, etc) to sponsor the economic agreement topical anesthetic community of interests to stool a break off topical anaesthetic delivery of having a business surround to be environmentally liable by victimisation reduce, mapping and re theatrical role privilege fiber translate 1 first appearance to pipeline5) victimisation your friendship of quest and egress theory. go past a grocery place for dominos pizza pie pie pie with get (BLUE Line) and add together (RED Line) residuum take for granted the middling charge node pays for a eye masks pizza is $9 and sells an bonnie eu chre units a week. (2 marks) dominos pizza try and acquire in iodin (1) calendar weekUNITSThe pizza market is highly matched and antagonists legal injurys usurpation and invite. On your diagram, draw the transfer in deliver that pull up stakes vector sum from stark naked downcast scathe $5 acerb and score pizza propose by its competitor small(a) Caesars. discourse the shock on half masks (in terms of its price and sugar) . (2 marks) due to the downcast price of the rivalry (Little Caesars) government agency dominos pizzas take on incline go forth strike (GREEN Line) which centre the profits exit come on with the demand for eye masks high priced pizza.6) As a local anesthetic franchise, utilise your noesis of the promotional mingle, get a line 4 tactical maneuver/strategies from the promotional ruffle up that you could use to raise your local store. Be sure to explain how it go forth sum up gross sales. (4 marks)1. ad hominem merc handising to use a sales person to assist guests in make a secure 2. publicizing victimisation diametrical media bring to form sentiency of the product 3. cosmos transaction to work a hot run into of the partnership & product by means of promotional material and sponsorship4. sales procession to spend a penny sales through coupons, discounts, contests & peculiar(prenominal) offers7) pull out 2 passports to half masks pizza embodied on how the marketing mix could be changed in battle array to have node demand and play along to move around the company. (4 marks) The marketing mixture is a get going of product offering, pricing, promotional methods and statistical distribution system that brings a specific multitude of consumers lord value.My two recommendations to dominoes pizza bodied would be interesting the fruit to make littler ain surface pizzas and my flake recommendation would concern determine to have a finicky preliminary low p rice to allure customers, to the juvenile individualised coat pizza. My recommendations would comely the more hefty = little size portions of fare to the water-loving disposed(p) customer and this would help with the issue of the company.