Discuss the pros and cons of franchising. What are two examples of how a franchisor can negatively impact a franchisee? Do you think there are any ethical implications? (Suggested length: 100-200 words).
Read Situation 2 on page 120 (Chapter 4) of your textbook. What risks do you think you would face if you were a successful manager in a large organization who suddenly had an offer to go into business for yourself? Why do you think Treadwell decided to become a multi-brand franchisee instead of staying with KFC? (Suggested length: 150-250 words)
Give four reasons for buying an existing business rather than creating a brand new one. Describe the process of evaluating an existing business. How effective do you think these guidelines are? (Suggested length: 150-175 words)