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Mind Your Business - 17 November 2008
Franchises - Major League Baseball
Questions
Explain the difference between a franchisee and a franchisor (4 marks)
Consider two possible reasons why an entrepreneur might choose to invest in a franchise rather than setting up their own business from scratch (8 marks)
Discuss two possible problems facing an individual who is contemplating investing in a franchise such as McDonald's (10 marks)
Using the passage and your business knowledge, evaluate the operation of a franchise system in professional sport (18 marks)
