View the step-by-step solution to:

Why might a parent company (like McDonald's or Hilton) choose to franchise its local outlets rather than own them and staff them with employees?

Why might a parent company (like McDonald's or Hilton) choose to franchise its local outlets rather than own them and staff them with employees? In many smaller cities all McDonald's outlets are owned by the same franchisee. Why is that?
Sign up to view the entire interaction

Top Answer

Dear Student Please find... View the full answer

Economics-8221753.doc

The advantages of localization is lost out if the host tries to own them and staff them . since
franchise owners are all local people, they understand the local market better and will be able to...

Sign up to view the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
Ask a homework question - tutors are online