Thomas Edison State Apple Inc Swot Analysis & Franchising Business Discussion
Answer the questions below
Select a manufacturer or service organization then, using the SWOT factors identify the competitive advantages that your selected company exhibits. Be sure to support your conclusions. (250-300 words)
Discuss the pros and cons of franchising. What are two examples of how a franchisor can negatively impact a franchisee? Do you think there are any ethical implications? (Suggested length: 150 words).
Mike Treadwell’s first entrepreneurial ventures involved opening a fish and chips restaurant, followed by a chicken and fish restaurant. Although he was making money, he questioned his own business competence and decided he needed to learn more by working for others. He took a job as a KFC restaurant manager, eventually becoming a training leader for KFC Corp. in Dallas, Texas. KFC gave him a chance to join one of their multi-unit franchise owners, who retired a short time later, selling his units to Treadwell.This arrangement resulted in Treadwell being the owner of about three dozen restaurants. By 2015, Treadwell Enterprises owned not only KFC franchises, but also Taco Bell, Long John Silver’s, Ruby Tuesday, and HuHot Mongolian Grill. Treadwell was operating 109 units in 10. What risks do you think you would face if you were a successful manager in a large organization who suddenly had an offer to go into business for yourself? Why do you think Treadwell decided to become a multi-brand franchisee instead of staying with KFC? (Suggested length: 200 words)
Give four reasons for buying an existing business rather than creating a brand new one. Describe the process of evaluating an existing business. How effective do you think these guidelines are? (Suggested length: 150-175 words)
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