{"id":2971,"date":"2023-02-19T16:11:13","date_gmt":"2023-02-19T16:11:13","guid":{"rendered":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/chapter\/apply-it-7-4-franchises\/"},"modified":"2024-01-26T02:59:43","modified_gmt":"2024-01-26T02:59:43","slug":"apply-it-7-4-franchises","status":"publish","type":"chapter","link":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/chapter\/apply-it-7-4-franchises\/","title":{"raw":"Apply It 7.4: Franchises","rendered":"Apply It 7.4: Franchises"},"content":{"raw":"<section class=\"textbox learningGoals\">\r\n<ul>\r\n\t<li><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Understand what a franchise is&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:12672,&quot;10&quot;:0,&quot;11&quot;:4,&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:10}\">Understand what a franchise is<\/span><\/li>\r\n\t<li><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Understand the advantages and disadvantages for franchisees&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:12672,&quot;10&quot;:0,&quot;11&quot;:4,&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:10}\">Understand the advantages and disadvantages for franchisees<\/span><\/li>\r\n\t<li><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Understand the advantages and disadvantages for franchisors&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:12672,&quot;10&quot;:0,&quot;11&quot;:4,&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:10}\">Understand the advantages and disadvantages for franchisors<\/span><\/li>\r\n<\/ul>\r\n<\/section>\r\n<h2>Franchises<\/h2>\r\n<section class=\"textbox connectIt\">[videopicker divId=\"tnh-video-picker\" title=\"Franchise Fails\" label=\"Select Video\"]<br \/>\r\n[videooption displayName=\"Why Dunkin' failed in India\" value=\"https:\/\/www.youtube.com\/watch?v=VfI8lSio7p4\"][videooption displayName=\"How Starbucks lost $105 million in Australia\" value=\"https:\/\/www.youtube.com\/watch?v=rGWhv7iKb98\"] [videooption displayName=\"Italy hated Domino's\" value=\"\/\/plugin.3playmedia.com\/show?mf=9882522&amp;p3sdk_version=1.10.1&amp;p=20361&amp;pt=375&amp;video_id=hl7yblop2i4&amp;video_target=tpm-plugin-e2qmk1jp-hl7yblop2i4\"]<br \/>\r\n[\/videopicker]<\/section>\r\n<p>You can view the <a href=\"https:\/\/course-building.s3.us-west-2.amazonaws.com\/Intro+to+Business\/transcripts\/HowStarbucksLost105MillioninAustralia.html\\\" target=\"_blank\" rel=\"noopener\">transcript for \u201cHow Starbucks Lost $105 Million in Australia\u201d here (opens in new window).<\/a><\/p>\r\n<p>You can view the <a href=\"https:\/\/course-building.s3.us-west-2.amazonaws.com\/Intro+to+Business\/transcripts\/Domino'sClosesinItalyandItaliansDon'tCare.html\" target=\"_blank\" rel=\"noopener\">transcript for \u201cDomino's Closes in Italy and Italians Don't Care\u201d here (opens in new window).<\/a><\/p>\r\n<p>You can view the <a href=\"https:\/\/course-building.s3.us-west-2.amazonaws.com\/Intro+to+Business\/transcripts\/Why+Dunkin+donuts+failed+in+India_.txt\" target=\"_blank\" rel=\"noopener\">transcript for \u201cWhy Dunkin donuts failed in India?\u201d here (opens in new window).<\/a><\/p>\r\n<section class=\"textbox tryIt\">[ohm2_question height=\"350\"]3915[\/ohm2_question]<\/section>","rendered":"<section class=\"textbox learningGoals\">\n<ul>\n<li><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Understand what a franchise is&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:12672,&quot;10&quot;:0,&quot;11&quot;:4,&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:10}\">Understand what a franchise is<\/span><\/li>\n<li><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Understand the advantages and disadvantages for franchisees&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:12672,&quot;10&quot;:0,&quot;11&quot;:4,&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:10}\">Understand the advantages and disadvantages for franchisees<\/span><\/li>\n<li><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Understand the advantages and disadvantages for franchisors&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:12672,&quot;10&quot;:0,&quot;11&quot;:4,&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:10}\">Understand the advantages and disadvantages for franchisors<\/span><\/li>\n<\/ul>\n<\/section>\n<h2>Franchises<\/h2>\n<section class=\"textbox connectIt\">\n<div id=\"tnh-video-picker\" class=\"videoPicker\">\n<h3>Franchise Fails<\/h3>\n<form><label>Select Video:<\/label><select name=\"video\"><option value=\"https:\/\/www.youtube.com\/embed\/VfI8lSio7p4\">Why Dunkin&#8217; failed in India<\/option><option value=\"https:\/\/www.youtube.com\/embed\/rGWhv7iKb98\">How Starbucks lost $105 million in Australia<\/option><option value=\"\/\/plugin.3playmedia.com\/show?mf=9882522&amp;p3sdk_version=1.10.1&amp;p=20361&amp;pt=375&amp;video_id=hl7yblop2i4&amp;video_target=tpm-plugin-e2qmk1jp-hl7yblop2i4&#8243;\">Italy hated Domino&#8217;s<\/option><\/select><\/form>\n<div class=\"videoContainer\"><iframe src=\"https:\/\/www.youtube.com\/embed\/VfI8lSio7p4\" allowfullscreen><\/iframe><\/div>\n<\/section>\n<p>You can view the <a href=\"https:\/\/course-building.s3.us-west-2.amazonaws.com\/Intro+to+Business\/transcripts\/HowStarbucksLost105MillioninAustralia.html\\\" target=\"_blank\" rel=\"noopener\">transcript for \u201cHow Starbucks Lost $105 Million in Australia\u201d here (opens in new window).<\/a><\/p>\n<p>You can view the <a href=\"https:\/\/course-building.s3.us-west-2.amazonaws.com\/Intro+to+Business\/transcripts\/Domino'sClosesinItalyandItaliansDon'tCare.html\" target=\"_blank\" rel=\"noopener\">transcript for \u201cDomino&#8217;s Closes in Italy and Italians Don&#8217;t Care\u201d here (opens in new window).<\/a><\/p>\n<p>You can view the <a href=\"https:\/\/course-building.s3.us-west-2.amazonaws.com\/Intro+to+Business\/transcripts\/Why+Dunkin+donuts+failed+in+India_.txt\" target=\"_blank\" rel=\"noopener\">transcript for \u201cWhy Dunkin donuts failed in India?\u201d here (opens in new window).<\/a><\/p>\n<section class=\"textbox tryIt\"><iframe loading=\"lazy\" id=\"ohm3915\" class=\"resizable\" src=\"https:\/\/ohm.one.lumenlearning.com\/multiembedq.php?id=3915&theme=lumen&iframe_resize_id=ohm3915&source=tnh&show_question_numbers\" width=\"100%\" height=\"350\"><\/iframe><\/section>\n","protected":false},"author":21,"menu_order":24,"template":"","meta":{"_candela_citation":"[{\"type\":\"copyrighted_video\",\"description\":\"Why Dunkin donuts failed in India?\",\"author\":\"Marketing Mind\",\"organization\":\"\",\"url\":\"https:\/\/www.youtube.com\/watch?v=VfI8lSio7p4\",\"project\":\"\",\"license\":\"arr\",\"license_terms\":\"Standard YouTube 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