Posts made by Hadii Hadia
RE: MGT211 GDB 1 Solution and Discussion
How franchising could be disadvantageous for a franchisee? On which grounds it is beneficial for the franchisee?
How franchising could be disadvantageous for a franchisee? How franchising could be beneficial for a franchisee?
- Restricting regulations
The franchisor can exert a degree of control over the majority of the franchise business and decisions made by the franchisee.
The franchise agreement usually includes restrictions on how you can run the business.
The franchisor might go out of business.
• High initial investment
• Limited creativity
• Lack of privacy
• Business of location
• Hours of operation
• Products 1. Business assistance:
Franchiser provides guidance to franchisee in all affairs of the business. This assistance can be essential to running a successful business and makes it much easier than starting a business from scratch.
• Capital Motivated and Effective Management
• Fewer Employees
• Speed of Growth
• Limited Risks and Liability
2. Initial cost
Even if you opt for a low cost franchises you’ll likely still have to front a few thousand dollars. While this can be seen as a disadvantage of franchises, it’s important to weigh the opportunity against the initial investment and find the right balance for your business.
Initial investment of the franchise fee buys a lot of the benefits for the franchisee, it can also be costly-especially if you’re joining a very well –know and profitable franchisee. 2. Lower failure rate:
Franchises have a lower failure rate then solo business. When a franchisee buys into a franchise, they’re joining a successful brand, as well as a network that will offer them support and advice, making it less likely they’ll go out of business.
- Restricting regulations
RE: ECO401 gdb 1 Solution and Discussion
Total Marks 5
Starting Date Friday, May 28, 2021
Closing Date Thursday, June 03, 2021
Question Title Consumer Behavior: Consumption side analysis
In year 2020, Pakistan faced the deadliest of the natural calamities in form of locust attack. Due to this the agriculture sector faced a loss of almost 353 billion rupees. Both the winter and summer crops were damaged partially, and after many years the Government of Pakistan decided to import the food items, to maintain the market price. In this background let’s assume, two groups, A and B are living in the country, with certain rational behavior towards the commodity prices of essential food items like wheat. Both groups have different opinion about wheat. People from group A consider wheat as a staple food, while people from group B consider it as a normal good. During the last month due to the fall in the commodity prices, it was observed, that people from group A, decreased their demand for wheat, where as people from group B increased their demand for wheat.
Which type of product is wheat for people from group A and people from group B?
What will be the income effect for the people from group A?
GDB 1 solution
Semester fall 2021
You have to describe eight acts from your daily life/social life (other than worships), which can cause obedience of Allah Almighty.
By helping others in time of need.
Obeying our elders and speak respectfully.
Mercy to youngers.
Cleaning our surrounding.
Salam to everyone when we are at home or out.
Spending money for the sake of Allah.
Gaining knowledge and passing it on to others.
Always speak truth.
Fear dealings with others.
Forgive and be kind to others.