Franchise Franchising as a Business Model -Written Informative Paper
Franchise Franchising as a Business Model
Explore Franchising as a business model. Describe the concept. What types of Franchises are available? Why is it a viable business model? Who should venture into owning a franchise? What are the advantages and disadvantages? What are the costs involved and how are franchises rewarded? According to Franchising.com, franchising is a “hybrid” form of the business model in that it combines aspects of a sole proprietorship with those of a corporation. Franchising allows a business owner to grown a business by selling the rights to use her brand and business model instead of building new units on her own.
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The Importance of Trust in Alliance Building The importance of trust in all aspects of life is hard to overstate. Imagine a personal relationship in which trust is not present.
The Importance of Trust in Alliance Building
In personal relationships, trust is usually gained over time and becomes an unspoken, but essential, constant in successful relationships.
This is also true of business relationships, and it is advisable for potential alliance partners to actively employ measures to build and strengthen trust.
Negotiating written agreements that clarify the foundations of the relationships is paramount. As an HR professional, it is essential that you understand and practice the concepts underpinning the building of trust in business relationships.
The Importance of Trust in Alliance Building
In How to Build a Framework for Strategic Alliances, (Santora, 2009), in your Required Resources, the author focuses on the importance of trust in building alliances. On the other hand, in Why Too Much Trust is Death to Innovation, Bidault & Castello (2010), question whether there is actually such a thing as excessive trust in some alliances.
Write a cohesive and scholarly response based on your readings and research this week that addresses the following:
Conduct additional research to evaluate the HR executive’s role in ensuring alliances built on trust and respond to the following questions, referring to your research and the Required Resources:
What specific actions can an HR executive take to build trust with prospective alliance partners?
Describe how HR executives can employ negotiation and conflict resolution skills to address areas of mistrust and increase trust in situations where there is a great strategic fit but high levels of mistrust.
What would be your role as an HR executive in advising a CEO who seems determined to partner with a company you consider untrustworthy?
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Perform a complete business analysis (all four parts) and determine if the company’s stock is fairly priced as of 3/25/19.
In your analysis please be sure to discuss all major accounting issues and indicate amounts that would be adjusted even if they are immaterial and you determine no adjustment is required. Also, be sure to perform a complete financial analysis as part of your business analysis.
Please start with the industry/strategy analysis followed by the accounting analysis, financial analysis and forecast/valuation. Be advised that you should use the ratios found in the data file in the financial analysis tab and trend analysis utilizing 5 years of data for profitability ratios and at least 3 years of data for liquidity and solvency ratios.
Please make sure to support all of your assumptions in the forecast process.
The data file will be used for your financial analysis and forecast/valuation. After you have completed your industry/strategy analysis, accounting analysis, and financial analysis you can start your forecasting analysis which will be completed when you input your forecast using the forecast tab.
Please submit your exam via canvas and attach a section within your forecasting section that has your assumptions and includes your estimate for the cost of equity and how it was derived. In the event your forecasted price differs from the market price (it usually does) provide some sensitivity analysis on what is likely causing the difference.
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Think of your plan as something you might submit to a bank for funding, A business Plan for A Jewelry Store
Think of your plan as something you might submit to a bank for funding, write a business plan for a retail jewelry store that has a showroom, repair department and can custom design utilizing CAD/CAM (Computer-Aided Design/Computer-Aided Manufacturing)
Use at least three (3) quality references Note: Wikipedia and other related websites do not qualify as academic resources.
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Business Development Using Self Assessment and Skill Evaluation
A self-assessment and skill evaluation is essential to creating a career plan that will lead to a fulfilling career. Conduct a self-assessment and personal skills inventory on yourself (as described in the M.U.S.E. assets and the intellipath assignment).
Business Development Using Self Assessment
Choose 2 attributes, desires, or skills that you have, and discuss how they have shaped or could shape the type of career you would like to pursue.
This could be a desire to live in a certain location, earn a certain amount of money, use certain skills, or engage in certain activities.
Review the posts of other students, and respond to their list and chosen career path. State how the skills, desires, or attributes that they described are a good match for the career path they have chosen.
Provide recommendations for career paths that utilize the same skills, desires, and attributes.
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Read Walt Disney’s CRM Strategy Case 12-1 (attached) and then answer the following:
1)Discuss the relationship between a company’s CRM strategy and business strategy.
2)Discuss the role of CRM software in improving the company’s strategic advantage.
3)Which CRM process according to you is most critical? Explain why.
4)Discuss the role of CRM in e-business and e-commerce.
Use at least three (3) quality references Note: Wikipedia and other related websites do not qualify as academic resources.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
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Uber Taxi Business Model and Shared Value In what ways does Uber’s business model both enhance and detract from the creation of shared value?
Uber Taxi Business Model and Shared Value
How is the creation of value for a taxi service shaped over time?
Uber Taxi Business Model and Shared Value Guidelines
In Sessions 7 and 8 of Block 3 you encountered the concepts of shared value from a financial perspective.
In particular, you have introduced to Porter and Kramerís (2011, p. 76) concept of creating shared value (CSV), namely, opening up ëmany new needs to meet, new products to offer, new customers to serve, and new ways to configure the value chainí.
Your answer should consider how Uber is creating shared value, and how this forces traditional taxi firms to develop new business models in response.
Uber Taxi Business Model and Shared Value
The second part of Question 1 requires you to set your answer in the wider context of the relationship between time and innovation that you encountered in Block 3 Session
1. This will lead you to consider whether Uberís business model represents a sustainable innovation culture, as well as the role that different organizational stakeholders and human resource management (HRM) can play for such value creation (Block 3 Session
5). Your answer should draw on appropriate concepts and theories from Block 3 together with suitable evidence from the case study to support your arguments.
Uber Taxi Business Model and Shared Value
Question 1: Always explain and reference the theory/concepts in every question. Define shared value. Sessions 7 and 8 cover financial aspects. Thereís a lot of info ñ eg Porter and Kramerís theory is relevant (Creating Shared Value). Critical evaluation ñ consider the counter argument.
How is Uber creating shared value, and how does this force traditional taxi firms to develop new business models in response? How does Uberís model enhance SV? How does Uberís model detract from SV? How do you create value in a taxi firm long term and sustainably?
Bring in evidence from the case ñ ie is their model sustainable or not? Justify your views with theory and evidence from the case? Think about different stakeholders and functions eg can HRM help in creating value?
Uber Taxi Business Model and Shared Value Case study
Technological challenges in the taxi industry
Uber is a technology company that offers a free programme, or app, available on a mobile device for those wishing to request a ride.
At its core, Uber seeks to match passengers to drivers. The platform is able to track a userís GPS coordinates, even if the user does not know where they are, and within minutes an Uber driver will arrive.
The user is able to track how long until the ride will pick them up and receives a text message confirming when the Uber driver is arriving. The driver is able to hit a button on their own app that says ëArriving nowí which sends the text message.
No cash is exchanged when using Uber since signing up for an account requires providing credit card information. After the ride, Uber charges the user electronically and immediately emails them a receipt. There is a rating system so that passengers can rate their driver and vice versa (Dong et al, 2014).
Uber Taxi Business Model and Shared Value
According to Uber, the company ëpushes the limits of the transportation industry to create a simple, more efficient, and more enjoyable car service experience.
For drivers, Uber is a revenue stream, allowing professional drivers to make more money by turning downtime into profits.í (Uber, 2016). Unlike the taxi industry, Uber does not employ or license its drivers, but rather views them as independent contractors.
The unique experience provided by Uber has enabled rapid growth and international expansion centred on three main focal points: a commitment to on-demand service, an efficient supply of luxurious rides, and the easy accessibility of its smartphone application.
Uber’s growth over the past five years is an example of a major success in what is known as the sharing economy. The sharing economy is an economic system where assets or services are shared between private individuals either free or for a fee, typically by means of the internet. However, the success of this new business model is attracting criticism from government and civic leaders concerned that this new collaborative economy is simply a means of sidestepping regulations, taxes and other legal obligations.
Uber Taxi Business Model and Shared Value
In London, Uber’s growing popularity meant that their drivers completed some £115m of business within London (Quinn, 2016). However, Uber London (the taxi apps UK holding company) recorded only a sales take of £23m and a profit before tax of £1.83m.
The sales figure reflects only Uber’s share of fares for trips booked on its app. In addition, Uber London retain 20% of any fare to the driver. Despite this Uber London paid just the small sum of £411,000 in UK tax last year…
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Business Issues on Public Policy and Torts Business torts in addition to the information you find in this topic, the paper should cover the following topics:
Business Issues on Public Policy and Torts
Explain the three types of torts, making sure you give an example of each
Discuss the defenses available to a defendant when each type of tort is committed
Discuss the interaction between torts, public policy and business issues. Business torts, also called “economic torts,” are wrongful acts committed against business entities — often intentional but sometimes due to negligence or recklessness — that cause (or are likely to cause in the future) some kind of financial loss.
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The US Regulation on Country of Origin Labeling COOL The U.S. regulation at issue required beef and pork products sold in the US to have a label identifying the country of origin of the beef.
The US Regulation on Country of Origin Labeling COOL
The WTO ruling is an example of the power of international trade law to constrain the regulatory powers of WTO member nations.
Starting with the links provided, identify and analyze at least 3 different perspectives on the recent WTO Country of Origin Labeling (COOL) dispute (e.g., U.S. industry, US consumer rights organizations, environmental organizations, the WTO, countries which brought the dispute against the US to the WTO, among others).
Spend some time noting the contrasting Participants (who is involved), Perspectives (what views on the WTO decision do they espouse), and Ideas (what ideas do they invoke as perspectives on the WTO decision).
Finally, reflect on which position you agree with most and why. Make a poster or PowerPoint where you contrast the participants, perspectives. Video tape you presenting the project. Videos should run 6-8 minutes (not to exceed 10 minutes).
Organizational Behavior at Apple Real World Business case that is relevant to organizational behavior. (i.e., a specific company (e.g., Apple) or a specific industry sector (e.g., IT industry).
Organizational Behavior at Apple Real World Business
You can choose the real-world business case you want to analyze. It can be a recent one or an older one, a successful case or a case of failure. And please note that you are NOT ALLOWED to select a case that was discussed/analyzed in class, in the ppts, in the seminars, or in the readings (textbook and other readings recommended by the lecturers).
