Please explain the photo attached Forms of Franchising Arrangements:1. Manufacturing- Sponsored Retailer.This type of franchise system is best exemplified by the automotive industry. Ford Company, for instance,licenses automotive dealers to sell its car. So are Nissan and Toyota whose dealers are fond in such Placesas Alabang, Balintawak, Makati, etc.The dealers are independent business people who agree to meet and comply with the various terms andconditions in respect to sales and service.2. A Manufacturer-Sponsored wholesale franchise system.This second type may be found in the Soft drinks Industry. Coca Bottling Company, for instance, licensesbottlers. (Wholesaler) in various markets who buys its syrup concentrate and then bottle, and sell it toretailers in the local markets.3. The third type is known as the Service-firm- Sponsored retailer franchise system.Under this arrangement, a serve firm organizes a whole system for bringing its service efficient to its targetcustomers: One good example may be found in the autoretail business, fast-food service business (McDonald's, Burger king, Kentucky fried chicken, Shakey's, Pizza hot).

The skill of coordinating a network of separately owned and run companies under a single brand is…

Answered: Forms of Franchising Arrangements: 1.…

Foundations of Business - Standalone book (MindTap Course List)

4th Edition

ISBN:9781285193946

Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Chapter4: Choosing A Form Of Business Ownership

Section: Chapter Questions

Problem 3DQ

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PONCIANO RETAILING COMPANY: Yesterday Mr. Ponciano Samonte was 25 years old when he organized his business firm, Ponciano Retailing Company. He asked Danny, the younger brother of his high school classmate, to join him in his newly formed business. As the years passed, the firm made good in the grocery retail business. Together, Ponciano and Danny established one branch after another. Within a span of 20 years, 19 branches were established throughout Central Luzon and Cagayan Valley. The total number of employees reached 405 and everyone showed respect to the leadership abilities of the two pioneers. Ponciano and Danny worked in a mutual trust with each other. Ponciano always consulted Danny on several important aspects of running the business. Danny was always busy training personnel on several aspects of managing a branch so there has never been a shortage of managers. Because of his loyalty and ability, Danny was well taken care of by Ponciano. He receives an executive salary that…
PONCIANO RETAILING COMPANY: Yesterday Mr. Ponciano Samonte was 25 years old when he organized his business firm, Ponciano Retailing Company. He asked Danny, the younger brother of his high school classmate, to join him in his newly formed business. As the years passed, the firm made good in the grocery retail business. Together, Ponciano and Danny established one branch after another. Within a span of 20 years, 19 branches were established throughout Central Luzon and Cagayan Valley. The total number of employees reached 405 and everyone showed respect to the leadership abilities of the two pioneers. Ponciano and Danny worked in a mutual trust with each other. Ponciano always consulted Danny on several important aspects of running the business. Danny was always busy training personnel on several aspects of managing a branch so there has never been a shortage of managers. Because of his loyalty and ability, Danny was well taken care of by Ponciano. He receives an executive salary that…
PONCIANO RETAILING COMPANY: Yesterday Mr. Ponciano Samonte was 25 years old when he organized his business firm, Ponciano Retailing Company. He asked Danny, the younger brother of his high school classmate, to join him in his newly formed business. As the years passed, the firm made good in the grocery retail business. Together, Ponciano and Danny established one branch after another. Within a span of 20 years, 19 branches were established throughout Central Luzon and Cagayan Valley. The total number of employees reached 405 and everyone showed respect to the leadership abilities of the two pioneers. Ponciano and Danny worked in a mutual trust with each other. Ponciano always consulted Danny on several important aspects of running the business. Danny was always busy training personnel on several aspects of managing a branch so there has never been a shortage of managers. Because of his loyalty and ability, Danny was well taken care of by Ponciano. He receives an executive salary that…
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