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Identification of environmental factors that influence the choice of franchising methods of U.S. restaurant companies in Pan Pacific regionBosereewong, Vipaporn 10 November 2005 (has links)
Franchising has become a proven and acceptable method of distributing products and services for both domestic and foreign markets. The pressures on franchisors to search for foreign markets have led to heightened interest in international franchising. According to Franchising in the Economy (1990), restaurants of all types rank number one, followed by business aids and services. Therefore, the
restaurant industry leads the domain of business in international franchising.
The primary objective of this study was to develop a model based on experts' opinion for the selection of different franchising methods to be used as a guideline for restaurant companies that plan to franchise internationally. Environmental factors that affect international franchising in the Pan Pacific region are identified. The major methods used in franchising are: 1. direct franchising, 2. master franchise agreements, and 3. joint venture agreements. The recommendation of the most popular franchising methods for Singapore, Korea, Thailand, and Malaysia are studied. / Ph. D.
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A comparative study of the pharmacy business models with specific reference to Nuclicks and Pick 'n PayHeunis, C. 03 1900 (has links)
Thesis (MBA)--Stellenbosch University, 2003. / ENGLISH ABSTRACT: The purpose of this report is to create a better understanding of the new
pharmacy initiatives in the South African market, with specific reference to the
Nuclicks and Pick 'n Pay groups. In order to understand the respective
business concepts better the following abstracts from each chapter of the
study is given.
Chapter one is basically the introduction to the study and describes the events
that lead to the above mentioned corporate retailers to enter the pharmacy
market place. An introduction to Hamel's business model theory is also
discussed and identified as a possible means of evaluating the corporate
retailers' business concepts.
In Chapter two the strategic analysis of the South African retail pharmacy
industry is performed. This analysis is performed to create an understanding
of the different forces at work in the industry. Some of the key findings in this
chapter are that changes to the pharmacy act and the way dispensing
licences are going to be awarded creates uncertainty. The profit outlook of
retail pharmacy, though on the decline, still compares favourably to other
retailers.
In chapter three the core concepts of Hamel's business model are presented
in more detail and applied to the retail pharmacy environment. In his view, a
strategy needs to change the industry rules. This chapter ends with the
concept of wealth potential based on Hamel's teachings. The wealth potential
concept is about creating cash flow and profits. A business model that is able
to create customer benefits well below the cost of the competitors is regarded
as efficient. By utilising the Hamel way the Nuclicks (chapter four) and Pick 'n Pay
(chapter five) business concepts is unpacked. Both Nuclicks and Pick 'n Pay
pharmacy business models are presented within the corporate framework of
the groups. Nuclicks bought an established pharmacy franchise while Pick 'n
Pay launched Healthpharm. Nuclicks creates a possible choke point by
buying UPD. The Nuclicks pharmacy strategy is a more comprehensive health
strategy, while Pick 'n Pay follows a more cautious approach.
As franchising will playa major role in both pharmacy concepts, the theory of
franchising is presented in chapter six. Telephonic interviews with Link
franchisees are conducted and the possible reasons for the ambiguity that
crept into the Link business model are discussed. As the Healthpharm
franchise is a new concept, it is evaluated based on information gathered from
press releases and the Healthpharm web-site.
In chapter seven universal conclusions and recommendations, based upon
the literature study and this investigation, are presented. One of the key
findings are, success in the face of changes requires more than the current
way of doing business. It requires an innovative thinking process. New
business models have to be formulated that allows retail pharmacists to
establish a focused and well-differentiated value proposition. This value
proposition needs to be meaningful for consumers and must strengthen a
pharmacy outlet's competitive position. / AFRIKAANSE OPSOMMING: Die doel van hierdie verslag is om 'n beter begrip vir die nuwe apteek
inisiatiewe in die Suid-Afrikaanse mark te ontwikkel, met spesifieke verwysing
na die Nuclicks en Pick 'n Pay groepe. Om die onderskeie
besiqheidskonsepte beter te verstaan, word die volgende opsomming van
elke hoofstuk van die studie uiteengesit.
Hoofstuk een is 'n inleiding tot die studie en beskryf die gebeure wat
aanleiding gegee het tot die bogenoemde korporatiewe kleinhandelaars se
toetrede tot die apteek mark. 'n Inleiding van Hamel se besigheidsmodel
teorie is ook bespreek en is geïdentifiseer as evaluering van die korporatiewe
kleinhandelaars se besigheidskonsepte.
Hoofstuk twee bied 'n strategiese analise van die Suid-Afrikaanse
kleinhandelaars apteek industrie. Hierdie analise is geskep om beter begrip te
ontwikkel vir die verskillende kragte wat inwerk in die industrie. Van die
bevindinge in die hoofstuk is die veranderinge in die apteek wetgewing en die
wyse waarop resepteer lisensies toegeken gaan word, en hoeveel
onsekerhede dit tot gevolg het. Die wins vooruitsigte van kleinhandelaars
apteke, alhoewel aan die afneem, vergelyk steeds gunstig met ander
kleinhandelaars.
In Hoofstuk drie is die kern konsepte van Hamel se besigheidsmodel in meer
detail uiteengesit en toegepas op die kleinhandelaar apteek omgewing. Uit sy
oogpunt, is 'n strategie nodig om veranderinge te weeg te bring in die
industrie reëls. Hierdie hoofstuk eindig met die konsep van waarde potensiaal
wat gebaseer is op Hamel se teorie. Hierdie waarde potensiaal konsep is
gebaseer op die skep van kontantvloei en 'n Besigheidsmodel wat in staat is
om die kliënt te begunstig heelwat laer as die koste van die teenstander,
word beskou as effektief. Hamel se teorie is gebruik om Nuclicks (hoofstuk vier) en Pick 'n Pay
(hoofstuk vyf) se besigheidskonsepte te analiseer. Beide Nuclicks en Pick 'n
Pay se besigheidsmodelle word aangebied binne die korporatiewe raakwerke
van die groepe. Nuclicks het 'n gevestigde apteek konsessie gekoop terwyl
Pick 'n Pay vir Healthpharm begin het. Nuclicks het 'n moontlike 'wurgpunt"
geskep deur die aankoop van UPD. Die Nuclicks apteek strategie is 'n meer
omvattende gesondheidstrategie, terwyl Pick 'n Pay 'n meer versigtige
benadering volg.
Aangesien besigheid konsessie 'n belangrike rol speel in beide apteek
konsepte, word die teorie van konsessie in hoofstuk ses behandel.
Telefoniese onderhoude is gevoer met Link konsessiehouers en die moontlike
redes vir die twyfelagtigheid van die Link besigheidsmodel word bespreek.
Aangesien die Healthpharm konsessie 'n nuwe konsep is, word dit geëvalueer
op grond van inligting wat versamel is uit die media en die Healthpharm
webtuiste.
In Hoofstuk sewe word universele afleidings en aanbevelings, gebaseer op
die literatuurstudie en die ondersoek, uiteengesit. Een van die hoof
bevindings was dat sukses benodig meer as die huidige manier van besigheid
doen. Nuwe besigheidsmodelle moet geformuleer word, wat dit vir
kleinhandelaar apteke moontlik sal maak om 'n gefokusde en goed
gedifferensieerde waarde voorstel tot stand te bring. Hierdie voorstel moet
betekenisvol wees vir die verbruiker en moet die apteek kompeterende
posisie versterk.
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A study on the gas industry in Guangdong紀偉毅, Kee, Wai-ngai. January 1996 (has links)
published_or_final_version / Business Administration / Master / Master of Business Administration
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International business expansion through franchising: the case of fast-food industrySadi, Muhammad A. 03 August 2007 (has links)
The purpose of this research project was threefold: 1) to establish a set of research questions, propositions and hypotheses about the nature of international fast-food franchising; 2) to identify the distinctive strategies employed by fast-food franchise firms in foreign markets and 3) to provide a set of guidelines for managers which will assist them in dealing with the challenges of initiating and expanding a fast-food franchise system in a foreign country. A multiple-case study approach was used focusing on how U. S . franchise firms have adapted their domestic business practices to the Canadian, Japanese, and Russian Markets. Special attention was given to the degree to which their firms have modified franchise objectives, expansion strategies, marketing mix elements, control system and support services.
A principal finding of this research project is that fast-food companies do in fact extend domestic franchise strategies to foreign markets when expanding internationally. However, they do make certain alterations in their domestic method of doing business. The alterations are in the areas of expansion strategies, franchise objectives, control systems and support services. These alterations do not follow a consistent pattern. They vary from country to country and from firm to firm. / Ph. D.
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An investigation into the factors that most often contribute to the insolvency of franchisee businesses in the Western CapeVan Niekerk, Muller 03 1900 (has links)
Thesis (MBA)--Stellenbosch University, 2012. / ENGLISH ABSTRACT: “The business format, franchising, can be defined as the granting of a license for a predetermined financial return by a franchising company (franchisor) to its franchisees. The grant entitles them to make use of a complete business package, including training, support and the corporate name which include all branding and logos. Through this enabling the franchisees to operate their own businesses to the same standards and format as the other outlets in the franchise chain” (Maree, 2007, p. iii).
Franchising has grown in popularity for entrepreneurs and business people to start a business, a professional career and a way of creating employment. It is seen as a proven business system that is sold to a franchisee as “best practices knowledge” by the franchisor (Maree, 2007). Although the “best practices” approach is at the core of franchising very little research was found to exist that investigates the factors that influence the success or failure of franchisees.
The lack of formal research in this regard gave rise to the research question as to what the factors are that will contribute to the failure and subsequent liquidation of franchise businesses in the Western Cape.
Current franchise owners and entrepreneurs considering to enter into the franchising sphere need to ensure that they not only understand what factors will influence the success of their businesses, but possibly more importantly, they need to comprehend which are the factors that could potentially lead to the failure of the franchise business.
Based on the theoretical research and the data gained from the questionnaire analysis, one can conclude that the majority of the factors discussed in this report contribute towards the failure of franchisee businesses in the Western Cape. / AFRIKAANSE OPSOMMING: Die besigheidsvormbekend as ‘n eksklusieweagentskap of konsessie (“franchise”) kanomskryf word as die verlening van ‘n lisensie of reg teen ‘n voorafbepaaldefinansieletariefdeur die konsessiegewer (“franchisor”) aansykonsessiehouers. Hierdie vergunningmaakdie konsessiehouersgeregtig op die gebruik van ‘n volledigebesigheidsmodelwatopleiding, ondersteuning en die maatskappynaam, sowel as allehandelsmerke en logos, insluit. Hierdeur word die konsessiehouers in staatgestelomhuleiebesighedevolgensdieselfdestandaarde en formaat as die anderafsetpunte in die konsessiegroeptebedryf (Maree, 2007)
Die verskaffing van eksklusieweverkoopsregaan entrepreneurs en sakemensewathuleiebesighedewil begin, ‘n professioneleloopbaanwilbeoefen en werksgeleenthedewil skep, het in die jongstetyd al gewildergeword. Dit word as ‘n bewesebesigheidskonsepbeskou en word deur die konsessiegeweraan die konsessiehouer as “bestegebruikskennis” verhandel (vertaaluitMaree, 2007).Alhoewel die “bestegebruik”-benadering die kern van ‘n konsessie is, is slegskarigenavorsingmet betrekking tot die faktorewat die sukses of mislukking van konsessiesondersoek, tans beskikbaar.
Die gebrekaanformelenavorsing in hierdie verband het aanleidinggegee tot die navorsingsvraagoorwatterfaktorebydraendkanwees tot die mislukking en gevolglikelikwidasie van konsessies in die Wes-Kaap.
Huidigekonsessiehouers, asook entrepreneurs watditoorweegom die terrein van eksklusieweagentskappetebetree, moetnie net die faktorewat die sukses van hulbesighedesalbeinvloedverstaannie maar, stellig van groterbelang, die faktorewatmoontlik tot die mislukking van die besigheidkan lei, identifiseer en begryp.
Na aanleiding van die teoretiesenavorsingwatgedoen is, asook die inligtingwat van die vraelys-ontledingsbekom is, kan tot die slotsomgekom word dat die meerderheidfaktorewat in hierdie werkstukbespreek is, tot die mislukking van eksklusieweagentskappe in die Wes-Kaap bydra.
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Developing entrepreneurship through microfranchising: evidence from South African practicesShumba, Knowledge 09 1900 (has links)
PhD (Business Management) / Department of Business Management / Microfranchising’ is one of the new innovative entrepreneurial concepts that has gained traction in the past few years and potentially can provide a livelihood to the three billion people that live at the Bottom of the Pyramid (BoPInnovationCenter, 2020) on less than US$2 a day. While microfranchising is a strategy meant to rapidly scale-up entrepreneurship behaviour, very little is known about the microfranchising processes as well as its ability to enhance entrepreneurship in South Africa. Resultantly, the latter is ignored from entrepreneurship discussion and discourse at both academic and policy levels. To address this gap the study assessed microfranchising practices in South Africa, with the aim of proposing a microfranchising framework that will enhance entrepreneurship development. The study used the interpretivism research paradigm to achieve the study objectives. Primary and secondary data were employed to collect data on the microfranchising practices in South Africa. The study sampled five microfranchise entrepreneurs (four microfranchisee and one microfranchisor using the in-depth structured interview format while secondary data (microfranchisees and microfranchisors success stories) and was employed to collect data on the former and current practices of microfranchising in South Africa. The collected data was analysed using the ATLAS.ti. The study results show that microfranchisees exhibit traits of successful entrepreneurs. As a result, the study concludes that microfranchising can be used as a tool for entrepreneurship development using the proposed microfranchising framework developed in Chapter 6 of this study. The value of this work is among the first in seeking to propose a framework for developing entrepreneurship through microfranchising. The implication of the study is that it potentially provides policymakers with valuable tools to understand microfranchising practices and its efficacy in stimulating entrepreneurship development in South Africa. The study recorded and established microfranchising practices in South Africa to enhance the extinct academic literature on microfranchising and entrepreneurship ventures operating at the BoP. / NRF
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The relationship between personality types and psychological career resources of managers in the fast-food industry in the Western CapeKotze, Christiaan 03 July 2014 (has links)
The objective of the study was to determine the relationship between personality preference
types (as measured by the Myers-Briggs Type Indicator [MBTI]) Form M and psychological
career resources (as measured by the Psychological Career Resource Inventory [PCRI]) of
managers in the fast-food industry and whether groups from different races, ages and
gender differ significantly regarding personality types and psychological career resources. A
quantity survey was conducted on a sample (N = 81) of managers in the fast food industry in
the Western Cape.
The extraversion, sensing, feeling, judging (ESFJ) and the introversion, sensing, feeling,
judging (ISFJ) personality types were the dominant ones in the study. Personality type
preferences were significantly related to psychological career resources. The personality
types differed significantly regarding the following PCRI variables: variety/creativity (career
preference), growth/development (career value), self/other skills (career enabler) and social
connectivity (career harmoniser). Significant differences between personality types,
psychological career resources and age, gender and race were also established. / Industrial & Organisational Psychology / M.A. (Industrial and Organisational Psychology)
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The relationship between personality types and psychological career resources of managers in the fast-food industry in the Western CapeKotze, Christiaan 03 July 2014 (has links)
The objective of the study was to determine the relationship between personality preference
types (as measured by the Myers-Briggs Type Indicator [MBTI]) Form M and psychological
career resources (as measured by the Psychological Career Resource Inventory [PCRI]) of
managers in the fast-food industry and whether groups from different races, ages and
gender differ significantly regarding personality types and psychological career resources. A
quantity survey was conducted on a sample (N = 81) of managers in the fast food industry in
the Western Cape.
The extraversion, sensing, feeling, judging (ESFJ) and the introversion, sensing, feeling,
judging (ISFJ) personality types were the dominant ones in the study. Personality type
preferences were significantly related to psychological career resources. The personality
types differed significantly regarding the following PCRI variables: variety/creativity (career
preference), growth/development (career value), self/other skills (career enabler) and social
connectivity (career harmoniser). Significant differences between personality types,
psychological career resources and age, gender and race were also established. / Industrial and Organisational Psychology / M. A. (Industrial and Organisational Psychology)
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