Advantages of franchising for the franchisee The franchisee is the third-party buyer who purchases the brand rights from the franchisor (the owner of the brand).

Overview. Backward integration refers to gaining control of the supply-side of a company. It may come through acquisition and merger or arranging in-house production of raw material. Backward and forward integrations are essential parts of vertical integration. It offers several advantages to the company, including increased control over raw ...

Definition of Casting: Casting is a process in which the liquid molten metal is poured into the casting cavity whose shape is same as that of the shape of the casting to be produced, allowing to solidify and after solidification, the casting will be taken out by breaking the mould called as Casting Process.

Hence, an unstructured interview is very flexible and comfortable to both the interviewer and the candidate. 3. Very practical method to analyze the candidate: Most of the unstructured interviews happen to be very realistic and practical as it analyses and the interview happens in a very spontaneous way.

Definition: Broad money is defined as a method used to calculate the money supply of a country alongside both highly liquid “narrow money” and less liquid forms. It refers to the money circulating in an economy. It covers the totality of assets that households and businesses use for making payments or keeping as short-term investments like ...

May 31, 2022 · May 31, 2022. Organizations commonly seek to maximize productivity, protect employees, and produce better-quality products. Process control, also known as industrial control, refers to monitoring a process and adjusting it to achieve the desired result, which is essential for maintaining quality and improving performance.

Introduction, definition, examples, advantages, disadvantage, conclusion. Related Book For Free. Principles of Auditing and Other Assurance Services. 19th edition. Authors: Ray Whittington, Kurt Pany. Members. Access to 2 Million+ Textbook solutions; Ask any question from 24/7 available Tutors; $9.99. VIEW SOLUTION.

The advantages of machining process are as follows. A high surface finish can be obtained. Machining is not only performed on the metal but it also performs on wood, plastic, composites, and ceramics. A variety of geometry features are possible, such a Screw threads, Very straight edges, Accurate round holes, etc.

Disadvantages. Potential disadvantages include the following: 1. Unlimited liability of the owner. Since a sole proprietorship does not create a separate legal entity, the business owner faces unlimited personal liability for all debts incurred by the entity. In other words, if a business cannot meet its financial obligations, creditors can ...

Apr 24, 2019 · Advantages of Computer Network. There are many advantages of computer network and benefits of computer networking, some of them are File sharing, Resource sharing, Better connectivity and communications is briefly explained below. File sharing: Fundamental goals of a computer network is to allow file sharing and remote file access. Server ...