Premium Essay

Franchising: a Literature Review on Management and Control Issues

In: Business and Management

Submitted By hadool88
Words 6954
Pages 28
Abstract
This article provides an overview of the recent literature on franchising, with special attention to management control issues. Based on an analysis of franchising articles published in twenty-five high-impact journals over the period 1996–2008, the literature is divided into the following three broad streams: franchise initiation and subsequent propensity to franchise, franchise performance and control of franchising relationships. Several research gaps and avenues for future research are identified, especially towards a systematic study of management control issues in the context of franchising relationships.
Key words: franchising, literature review, management control JEL-codes: D23 – L22 – L26 – M21 – M40
2
I. INTRODUCTION
This article provides an overview of the recent management literature on franchising, with special attention to its management controli aspects. Franchising plays a prominent role in business life today. This form of entrepreneurship is increasingly being adopted in a variety of sectors, especially by retailing and service companies such as McDonald’s, Holiday Inn, Body Shop and Benetton. According to the Deontological European Code of Honour (2004), franchising is a system for the sale of commodities, services and/or the application of technology. It is based on a close and continuing cooperation between juridical independent and financially autonomous companies, namely the franchisor and his individual franchisees. Hereby, the franchisor grants his franchisees the right and he puts them under the obligation to exploit a business in accordance with the business concept. Therefore, the franchisee pays the franchisor an initial franchising fee, periodical royalties and/or advertising fees. In return, the franchisee is granted the right to make use of the brand name, the trademark, the know- how, the commercial and technical…...

Similar Documents

Premium Essay

Literature Review: Strategic Management

...Literature Review: Strategic Management BUSI 600 Business Research Methods Thomas Sheppard Liberty University October12, 2012 Abstract In order to have a successful study, a review of the literature will be undertaken. Then the methods and standards that were used will be addressed, and any questions that are being considered for further research into the area of strategic management will be discussed. From that point, it is vital that conclusions be drawn and recommendations be offered to wrap up the study. Without these components, it is often not clear whether a researcher has a thorough understanding of what the study was designed to do, and it is also not clear if said researcher is certain as to what else should be done in the area and should be questioned when it comes to that particular issue. In short, studies without these components lack completeness and that can make it difficult for anyone in the future to use the study as a jumping off point for similar studies or studies into related issues. The concept of strategic management is one that is highly important to organizations around the world (David, 2009). It involves taking a look at the top management of a company and the resources that management team is using on behalf of the company's owners and in order to show a specific level of performance. The mission, vision, and objectives of the organization must be examined, and it is necessary for them to...

Words: 4173 - Pages: 17

Premium Essay

Literature Review

...Disclosures About CSR Practices: A Literature Review Kavitha W * and Anita P ** Corporate Social Responsibility (CSR) is now prominent and evident more than ever due to the emphasis laid on businesses regarding environmental, social and ethical issues. The level of CSR activities of the firms is made known to public only through the disclosures. This paper reviews the literature on CSR disclosures and the effect of these disclosures. There are various factors which determine the extent of disclosures like the size of the firm, industry, high visibility, etc. Introduction Corporate Social Responsibility (CSR) is now prominent and evident more than ever due to the emphasis laid on businesses regarding environmental, social and ethical issues. This is because over the recent years, there have been social, political and economic pressures on corporate management to pay attention on social and environmental consequences of corporate activities. These pressures motivated the corporate management to actively participate in a wide range of social welfare activities. CSR now-a-days covers almost all issues like the use of child labor; inequality of employment; environmental impact; involvement in local community; products’ safety; company cultures; brand image and reputation. Apart from this, companies are now disclosing these activities in their annual reports, and one of the parameters to judge the performance of a company is CSR reporting. Corporate Social......

Words: 28706 - Pages: 115

Premium Essay

Literature Review of Supply Chin Management

...Literature review The concept of Supply Chain Management is based on two core ideas. The first is that practically every product that reaches an end user represents the cumulative effort of multiple organizations. These organizations are referred to collectively as the supply chain. The second idea is that while supply chains have existed for a long time, most organizations have only paid attention to what was happening within their “four walls.” Few businesses understood, much less managed, the entire chain of activities that ultimately delivered products to the final customer. The result was disjointed and often ineffective supply chains. Supply chain management, then, is the active management of supply chain activities to maximize customer value and achieve a sustainable competitive advantage. It represents a conscious effort by the supply chain firms to develop and run supply chains in the most effective & efficient ways possible. Supply chain activities cover everything from product development, sourcing, production, and logistics, as well as the information systems needed to coordinate these activities. The organizations that make up the supply chain are “linked” together through physical flows and information flows. Physical flows involve the transformation, movement, and storage of goods and materials. They are the most visible piece of the supply chain. But just as important are information flows. Information flows allow the various supply chain partners to......

Words: 2346 - Pages: 10

Premium Essay

Literature Review on Organizational Issues Management Essay

...will yield better profits for the kinky boots company. Literature review: Organizational issues: For a new emerging organization which is of exposed firm, fluid units retrain comparatively employees and few managers as well as non-central functions contracted exterior to the organization. Such a rising organizations will be definitely focus on improving their significant competencies as well as designing techniques and innovative process which are considered as a part of the organization with the exception from its competition. Further the growth in the manufacturing industry has been motivated by improvement in technology and degree of difference in wage scales. These areas have made the organizations like kinky boots consider them as an element of the incorporated global economy. Organization has to address (solve) some organizational issues to operate organization effectively. There are four target issues to be focused to solve the problems associated with the kinky boots. Strategic issues: The organizations have to decide what services or products they will provide in the markets and in which they will compete as well as how to relate (or communicate) with their environment and how to transform them to keep pace with changing conditions. These issues are crucial among the various organizations in today’s changing and highly competitive market environments (Thomas& Christopher, 2008). Structural and technological issues: organizations have to make proper decisions on......

Words: 4273 - Pages: 18

Premium Essay

Review of Literature

...Review of Literature Grand Canyon University: Family Centered Health Promotion NRS-429V September 8, 2013 Review of Literature Health Promotion is the concern with physical, social, and mental wellbeing that strives to help people take control over the matters that influence their life. In addition, to enable people to increase control of their health, improve their health, and optimize their quality of life. The concept of health promotion was developed to emphasize the community-based practice of health promotion, community participant and health promotion practice. Health promotion can be encompassed with any disease either acute or chronic. When underlining the definition health promotion in relationship to hypertension it is defined as “effect of anti-hypertensive patient-oriented education and in-home monitoring for medication adherence and management of hypertension, by providing education of healthy lifestyle behaviors and medication adherence”(Hacihasanoglu & Gozum, 2011, p. 692). This means to change the behaviors to one’s lifestyle along with medication compliance an individual can achieve control of and a better well-being while living with hypertension. Nurses’ purpose to health promotion is to assist in education, promotion, planning, implementation, and goal setting to patient, groups, and communities. We are the largest group of health professional, we have the potential to contribute substantially in the area of health promotion. The......

Words: 918 - Pages: 4

Premium Essay

Literature Review on Hostel Management System

...CHAPTER ONE 1.1 Introduction: This Hostel Management System is developed in favor of the hostel management team which helps them to save the records of the students about their rooms and other things. It helps them from the manual work from which it is very difficult to find the record of the students and the information about those ones who had left the hostel years before. This solution is developed on the plight of the hostel management team, through this they cannot require so efficient person to handle and manage the affairs of the students in the hostel, all you need to do is to login as administrator and you can see the information of all the students who have obtained and registered their hostel form, click verify to ascertain their eligibility and allocate them to the available hostel. Identification of the problems of the existing hostel management leads to the development of computerized solution that will be compatible to the existing hostel management with the solution which is more users friendly and more GUI oriented. We can improve the efficiency of the hostel management, thus overcome the drawbacks of the existing management Visual Basic6.0 is used as the front end tool and Oracle is used as a backend tool. Visual Basic is one of the driven programming languages. The application wizards, menu editor and data reports etc is very much useful for creating very good professional software. 1.2 AIMS AND OBJECTIVES AIMS o The aim of......

Words: 597 - Pages: 3

Premium Essay

Change Management - a Literature Review

...Literature Review Introduction Through the inter-connection between change management, knowledge management and people management, the author believes you can look at, assess, and analyse organisational readiness and responsiveness to change. This will done through the narrative cyclical approach (FIGURE XX). All of this works together to answer the research question of, “Is there a framework/s that can be used to help organisations increase organisational readiness and responsiveness to change”. Organisational readiness and organisational responsiveness are addressed throughout this literature review. The determinants and impediments of change in each branch of change management have been considered and addressed. Some elements fall outside the scope of the literature review and research. The literature review is structured in such a way that echoes this integration as illustrated in the following diagram (Figure XX). Figure XX: Areas within and outside the research boundaries leading to organisational responsiveness to change. Figure XX: Areas within and outside the research boundaries leading to organisational responsiveness to change. People Management Leadership Organisational Context. Culture. Organisational Learning. Knowledge Management. Change Management. Change Management Change Management is neither an art nor a science; it is an individual process relying solely on the organisation, individuals within the organisation......

Words: 7145 - Pages: 29

Premium Essay

Review of Literature

...Health promotion is an essential health care issue that should be implemented by all members of the health care team (Hosseini, Torab, Taghdisi, & Vardanjani, 2013). Nurses play a critical role in health promotion for patients, family, and community because we provide direct patient care and are able to see the whole picture of the client’s situation. The population of people with chronic illness is increasing and the health care needs of clients is trending in an upward fashion (Jadelhack, 2012). As members of the health care field, it is critical that nurses take a proactive approach in preventing the increasing trend of chronic, complex illnesses by promoting health for our patients, family, and the community. There are three levels of health promotion that nurses can focus on including primary, secondary, and tertiary which will improve the health care system and the health of our society (Godwin, 2010). Implementing health promotion process gives people the opportunity to take control over actions and gives them the tools to improve lifestyle behaviors in order to optimize health (Jadelhack, 2012). The framework for health promotion is comprised of theories that include behavior, social sciences, and evidence based research (Edelman, Kudzma, & Mandle, 2014). Health promotion includes proactive participation at all levels of society and requires a multi-faceted approach by health care team members (Edelman, Kudzma, & Mandle, 2014). By providing effective health......

Words: 1283 - Pages: 6

Premium Essay

Literature Review of Talent Management

...Literature Review of Talent Differentiation Xiayuyan Zhu N9122389 The role that human resource management playing in the corporate business world is becoming more and more seriously nowadays and there is a positive relationship between HRM and organizational outcomes can not be ignored, theories like performance appraisal, empowerment and motivation have been proved useful and effective for improving the performance of the company(Kaifeng, J., Lepak, D.P., Jia, J., &Bear, J. C., 2012). Based on all those theories of HRM, it is necessary that the theories that mentioned has to related to the one factor, human capital. This essay will discuss the concept of talent differentiation in the organization and how does it improve the human capital and other programs which are related to the organizational performance. In order to discuss the relationship between human capital and organizational performance, the first thing is to define the concept of talent/workforce differentiation. Brain, Mark and Dick(2009) argued that plenty of organizations have made the same inappropriate decision which lead to cost overmuch amount of money and time about the employees with low performance in nonstrategic roles and at the same time, those employees with higher performance and more contributions could not get enough resources, chances of development and reward. Lesley Uren(2011) also discussed that one of the intractable human resource management challenges for companies in nowadays are......

Words: 1749 - Pages: 7

Free Essay

Literature Review

...Literature Reviews: Adolescent Addiction Gambling Shortens This Life Span by Valdora L Avery Mrs. Linda Vesey-Gutierrez MA FST 613 Spring Arbor University-Detroit February 15-2013 Categories of Studies 1. Conceptualization of Adolescent Gambling Types A. Research on Adolescent Population 13-22 years old B. Cross-Cultural Studies 2. Level specific Gambling/Adolescent Prevention Strategies A. Gambling regulation enforcement B. Gambling Adolescence behavior 3. Spectrum gambling impact on the Adolescent Life Span Category 1: Edinete R. M., & Fudge. J., Urie Bronfenbrenner’s theory of human development: Its evolution from ecology to bioecology. Journal of Family Theory & Review, 5, 243-250. (2013) Glass Q.V. & Few-Demo L.A. (2013). Complexities of informal social support arrangements for black lesbian couples. Family Relations Interdisciplinary Journal of Applied Family Studies 62(5).714-724. (2013) Mamta, S., & Kari A., (2013). Siblings of individuals with disabilities: Reframing the literature through a bioecological lens. Journal of Family theory & Review, 5, 300-312. (2013) Swenson. S & Lakin.C. A wicked problem: Can government be fair to families living with disabilities. Family Relations Interdisciplinary Journal of Applied Family Studies 63(1), 185-198. (2014) Wehmeyer. L.M. (2014). Self-determination: A family affair. Family Relations: Interdisciplinary Journal of......

Words: 2038 - Pages: 9

Premium Essay

Literature Review

...Health Promotion 1 Literature Review Bressy Thomas Grand Canyon University Health Promotion 2 Health promotion involves motivation and improvement in someone’s health and identifies their potential health problems. From the literature reviews, Health promotion defined in different ways. Literature, Worldviews on Evidence-base nursing, explains health promotion as, Etiologically –driven socio-political-economic determinants of health are addressed. This serves to counter social inaction and social division/inequality. It is an inherently political process…that leads to community coalitions through shared radical consciousness. Health promotion looks to develop and reform social structures…between representative stakeholders in different sectors and agencies. (Whitehead 2004b) Looking after community, looking after their lifestyles and advising them really on their needs and......

Words: 1227 - Pages: 5

Premium Essay

Management Information Technology Literature Review

...and organizations have been conducting business. However, this rapid technological advancement has and will have a tremendous impact on business ethics. This literature review will explain how businesses are using technology to enforce ethics in the workplace. It will discuss how the progression of technology is forcing businesses and organizations to approach their operations from an ethical perspective. It will explain the importance of business ethics, and will provide research concerning what has been accomplished to utilize technology in enforcing business ethics. Ethics The concept of ethics involves deciding what kind of work life businesses and companies should seek for their employees (Audi, 2009). Morality, honesty, and integrity, are ethical concerns that are seemingly deficient in modern society. However, the concept of ethics reaches further into the fiber of corporations and businesses in that it also involves issues such as privacy, intellectual property, pirated software, counterfeit software, and copyright infringement (Baltzan, Phillips, Haag, & Haag, 2009). In its’ most straightforward definition, ethics is the nature, custom, or standard of honest behavior that is accepted significantly (Jalil, Azam, & Rahman, 2010). Advances in technology have spawned a new era of ethical issues that are affecting companies and businesses across the globe. Incidents such as the Enron scandal and the Madoff scandal provide ample illustration of the......

Words: 6959 - Pages: 28

Free Essay

Review Literature

...2. LITERATURE REVIEW. In the context of India’s tea export, there exists vast literatures .But for this study we have included some of the important empirical works which are matched with our objectives. Chand and Tiwari,(1991),analyzead growth and instability of India’s export and import of agricultural commodities. Jaganathan , (1992) , in his paper examined the instabilities of export earnings of selected groups and selected commodities and all the commodities from the period 1974-75 to 1989-1990. Pal , (1992) , analyzed the magnitude , causes and effects of instability of agricultural export earnings of India for the period 1979 to 1989.Subramaniam , (1995) , analyzed the impact of fluctuations in tea production and exports on international tea trade .He articulated that India plays a significant role in world tea trade , being the world’s largest producer , consumer , and exporter . Therefore , fluctuations in India’s tea production , consumption and exports are enough to disturb international tea trade . Aiello , (1999) , analyzed that the effects of export earnings instability on economic growth of developing countries has long interested economists for several reasons . Reddy , (2001) , examined global demand for and supply of tea by estimating semi – log trends separately using data of the recent past , 1974 to 1988 , on the area under cultivation of tea , production , export and retention of tea for domestic consumption . Debraj , (2003) , in a......

Words: 4447 - Pages: 18

Free Essay

Management Concepts Literature Review

...Griffiths University | Literature Review and Report | IBA111 Management Concepts | | | Geoffrey Lee (S2832807) | 05-Feb-12 | Lecturer: Alistair Hodgson According to Schermerhorn (2011, p. 364), Google Australia is one of the best places to work in Australia matching the performance of its US parent company. It uses a well-balanced strategy of extrinsic and intrinsic rewards and these have kept its employees highly motivated and continue to exert their best efforts for the company. Extrinsic rewards at Google Australia include unlimited sick leave, generous health insurance, flexible working hours, and reimbursement of up to $6000 per year for educational expenses. In addition, staff can also receive small bonus rewards on a day-to-day basis. Intrinsic rewards mostly depend on the individual, but such things as getting to work with creators of Google products such as Google Earth, Gmail, and Google News can bring a sense of satisfaction to the job. Google’s intention to create a sense of fun at work and to create a culture of information sharing and collaboration can be identified by its office environment such as an informal dress code, abundant leisure activities and free food at the staff cafeterias. With these small rewards, Google employees feel a sense of belonging to the company and feel that they are creating and contributing to something bigger than themselves. Gone are the days where companies rely solely on the loyalty and lifelong devotion......

Words: 1826 - Pages: 8

Premium Essay

Review of Literature on Management Accounting

...REVIEW OF LITERATURE M.Y KHAN AND P.K.JAIN says in their book ‘Management Accounting’ that, profitability is a measure of efficiency and search for it provides an incentive to achieve efficiency. Profitability also indicate public acceptance of the product and shown that the firm can produce completely. Moreover, profit provides the money for repaying the debt incurred to finance the project and recourses for internal financing of expansion. Dr. E.A LIZZY in her book of ‘management accounting explains that, the analysis of financial statement with the help of ratios may be termed as ratio analysis. It implies the process of computing, determining and presenting the relationship of items and groups of items of financial statements. Ratio analysis helps comparisons and interpretations of these ratios and there use for future projection. MEIGS.W.B in his book ‘The basic for business decisions’ (1972) says that, Ratio analysis is a widely used tool of financial analysis, it is a systematic use of ratio to interpret the financial statements, so that the strength and weakness of a firm as well as its historical performance and current financial condition can be determined. J.BATTY defined accounting ratio in his book ‘Management Accountancy’ (1975) as, “the term accounting ratio is used to describe significant relationships which exist between figures shown in balance sheet, in a profit and loss account, in a budgetary control system or in any other part of the accounting......

Words: 839 - Pages: 4