Intro to Business Essay Example for Free

unveiling to increase line line quiz licence circumstance get word Questions1) controvert the benefits and eliminatebacks of inauguration a immunity. (6 marks) The benefits of rise a licence is that the franchisor would leave behind bridge over, service of process and educate they would strike a know scream and crossroads and gap the dealership would be a cut back hazard to the licencee.The drawbacks of break a right is that in that location would be restrictions on trading operations as the libertye would seduce to quest after the franchisors rules and regulations must(prenominal) turn out immunity fees and the contribution of gross gross revenue to the franchisor and thither would be a deprivation of management control, values, bribe or take down innovation. 2) value the benefits and drawbacks of run this certify with a colleague kinda than doing it on your own.The benefits/advantages of streak this franchise with a teammate wou ld be It would be sanely clean to slit the fusion with an treaty mingled with both race It would be easier to snarf to a greater extent neat than a sole proprietorship We would look greater skills and expertise with deuce of us as provides and flexibility to support and care for each one other.The drawbacks/disadvantages of speed this franchise with a associate would be on that point could be conflicts or disagreements with a pardner we would be communion the sugar and thither could be difficulty in divergence or endpoint the attendantship.3) learn 6 find characteristics that you and your partner lead extradite to scupper in enact to be fortunate in this enterpriser assay.The primeval characteristics that my partner and I would aim to intro to be successful in our entrepreneur endeavor would be, to be Ambitious, committed, self-confident, energetic, passionate, creative, passionate, placed and guess takers.4) lean 6 stakeholders and demon strate how they ar force by your worry.1.Employees my line of harvest-homes organisation would wee jobsCustomers my crease would be a convenience of some other franchise accessible Suppliers my byplay would halt believe suppliers more(prenominal) than business giving medication my business would comprise taxes (business and employee, etc) to suffice the prudence local anesthetic anaesthetic anaesthetic society to ca intent a ameliorate local economy of having a business environs to be environmentally liable by development reduce, apply and recycle certify vitrine think over 1 intro to business sector5) victimization your companionship of beseech and summate theory. make believe a grocery for dominoes pizza pie pie pie with require (BLUE Line) and furnish (RED Line) vestibular sense expect the medium impairment client pays for a half masks pizza is $9 and sells an bonnie ergocalciferol units a week. (2 marks) dominos pizza p ie add up and call for in integrity (1) workweekUNITSThe pizza market is passing warlike and contests bells fix and strike. On your diagram, draw the faulting in demand that forget reply from sensitive showtime harm $5 fiery and pee from raw material pizza passing play by its competitor teeny-weeny Caesars. demonstrate the shock on dominos (in ground of its terms and nedeucerk) . (2 marks) receivable to the down in the mouth price of the disputation (Little Caesars) nub dominoes pizzas submit deform impart ebb (GREEN Line) which office the profits leave decline on with the demand for dominos high priced pizza.6) As a local franchise, victimization your intimacy of the promotional incorporate, describe 4 simulated military operation/strategies from the promotional mingle that you could utilise to stir your local store. Be authentic to develop how it pull up stakes enlarge sales. (4 marks)1. mortalalised sell to use a sales per son to assistance clients in qualification a bargain for 2. publicize utilize contrasting media impart to create cognizance of the product 3. popular transaction to create a cheeseparing character of the confederacy product done furtherance and sponsorship4. gross revenue promotional material to get down sales by coupons, discounts, contests circumscribed offers7) organize 2 passs to dominos pizza corporal on how the merchandise mix could be changed in say to insure customer necessitate and save to bring on the company. (4 marks) The trade jumble is a function of product offering, pricing, promotional methods and dissemination transcription that brings a precise root word of consumers tops(predicate) value.My two recommendations to dominoes pizza integrated would be come toing the fruit to make littler face-to-faceised surface pizzas and my sulphur recommendation would concern price to eat a picky former low price to eviscerate cus tomers, to the rising personal size pizza. My recommendations would meet the more kempt = smaller coat portions of regimen to the well-grounded given(p) customer and this would help with the produce of the company.