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January 20, 2009 Matt Mosley Suh-hee Choi Franchising HTM 681 First Topic  Department of Hospitality and Tourism Management Purdue University
Franchise—Definition ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],http://www.franchise.org/faq.aspx
Franchise—Definition ,[object Object],[object Object],[object Object],[object Object],[object Object]
http://www.franchise.org/uploadedFiles/Franchise_Industry/Resources/Education_Foundation/FW%20Dec07%20p42-44.pdf
Benefits Barbara Beshel, 2001, An Introduction to Franchising, IFA Educational Foundation
Disadvantages ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Barbara Beshel, 2001, An Introduction to Franchising, IFA Educational Foundation
Franchise Industries
Types of franchising ,[object Object],[object Object],[object Object],[object Object]
Theories ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Combs, Michael, & Castrogiovanni, 2004 Agency Theory : Lafontaine, 1992
Theories  (suggested by Combs et al., 2004) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Previous Research Control system What Motivates Franchising?  •  Comparing franchised / independent restaurants •  Resource Scarcity ( The effect of resource scarcity on the proportion of franchised outlets) Which industries are more franchised?  Which regions are more franchised? Moral issues
Previous Research (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],What Motivates Franchising? (Benefits of Franchising)
Previous Research (cont.) ,[object Object],[object Object],[object Object],What Motivates Franchising? (Benefits of Franchising)
[object Object],[object Object],Previous Research (cont.) Which industries are more franchised? Which regions are more franchised?
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Previous Research (cont.) Moral issues & Control systems
[object Object],[object Object],[object Object],[object Object],[object Object],Previous Research (cont.)

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Franchising (by Matt and Suh-Hee)

Editor's Notes

  1. http://ecfr.gpoaccess.gov/cgi/t/text/text-idx?c=ecfr&sid=a4d5f9ffd8a3223b1a1af177ce1fca18&rgn=div5&view=text&node=16:1.0.1.4.50&idno=16
  2. http://www.franchise.org/uploadedFiles/Franchise_Industry/Resources/Education_Foundation/FW%20Dec07%20p42-44.pdf
  3. http://franchise.org/uploadedFiles/Franchise_Industry/Resources/Education_Foundation/Intro%20to%20Franchising%20Student%20Guide.pdf
  4. http://franchise.org/uploadedFiles/Franchise_Industry/Resources/Education_Foundation/Intro%20to%20Franchising%20Student%20Guide.pdf
  5. http://franchise.org/uploadedFiles/Franchise_Industry/Resources/Education_Foundation/Intro%20to%20Franchising%20Student%20Guide.pdf
  6. Combs, J. G., Michael, S. C., & Castrogiovanni, G. J. (2004). Franchising: A Review and Avenues to Greater Theoretical Diversity. Journal of Management, 30 (6), 907-931. Lafontaine, F. (1992). Agency theory and franchising: some empirical results. RAND Journal of Economics, 23 (2), 263-283.