Advantages and disadvantages of franchising. Give examples and Essay

Advantages and disadvantages of franchising. Give examples and evidence to support your answer - Essay Example Hence, attracting many players who see this method being secure compared to starting a corporation from scratch. However, despite the method cited to be more secure by franchisees, they face varied disadvantages. Therefore, this study seeks to highlight diverse advantages and disadvantages, which franchisees encounter while riding on reputation they have not built. Franchising unlike other methods of establishing a guaranteed business venture, it avails numerous growth opportunities (Verma, 2012, p. 122). This is in terms of higher revenues and profits, which is not possible when an entrepreneur decides to start from the scratch. Since, in franchising an entrepreneur usually rides on an already established reputation whereby the franchisees’ role is to ensure good quality of merchandise aligning with the original maker’s products (Verma, 2012). On the part of franchisors, they enjoy significant inflow of revenues and profits besides their brand continuing to grow, hence manage to retain large pool of clientele within a given region. Therefore, they benefit from their good reputation, which they have already established with time (Verma, 2012, p. 122). This is evident with UK’s â€Å"Time For You† franchise currently boasting of high quality cleaning services thus drawing numerous and potential entrepreneurs making i nquiries to ride on its reputation. This is because of guaranteed chance of making high profits compared to other poorly managed franchises in the country. In addition, the possibility of franchise’s image loss or diffusion is not that high compared to when the main stream operates singlehandedly all branches in a given region (Verma, 2012). This is because franchisees are responsible for the thriving of their ventures while riding on the mainstream’s reputation. Therefore, any franchise its role in this case is to compel all respective branches to keep up

Impact of Technology on Recruitment and Selection Process Essay

Impact of Technology on Recruitment and Selection Process - Essay Example 45-89). Therefore, there have always been new methods and techniques of recruitment as the time changes. Recruitments in the past and in the present have different aspects but still the motive of both remains one, which is to get the best out of thousands. In the past, companies used to advertise vacant positions through newspaper, internal recruitment, or through simple postings in the main plant. Mostly, the most qualified applicants would not be aware of these job vacancies, so the companies often having no other option had to fill the positions with people that did not have sufficient qualification and skills to cope up with requirements of the position (Bergiel, 2008, pp. 20-78). Today in the world of corporate organizations, technology has captured a huge attention and importance. It has acquired this much attention because of its vast and diversified applications that organizations can utilize to make minimal use of capital to make maximum amount of capital. Technology process es and methods are often very flexible, automatic and give quick responses. Technology can record, communicate, and react to a number of data put in by users. It can help organizations in number of processes such as inventory cycles, advertising, financial statements, and other financial processes, record keeping of customers and employees and managing information. Now companies have also started using technology in recruitment process through websites, online portals etc. One of the major advantages of technology is ease and flexibility in recruitment process of organizations. This paper will discuss in detail about the impacts of technology on recruitment (Bowen, 1986, pp. 371-383). Firstly, there are five types of recruitments. In-house recruitment and recruiters look for executives and other top positions. Besides, niche agencies take care of specialized recruitment, employment agencies and job search engines or recruitment websites. Using technology, all kind of recruitment age ncies and employers allow job portals on websites to advertise their open position so that job seekers can see it and submit their resume. Online job search engines have various pricing models; advertisement is there on each job listing. The companies pay money to Job Search Engines for every click on their advertisements (Cascio, 2003, pp. 20-89). The most common method of advertising is still rooted in location, resume views, and duration of the job posting. Some niche engines generate income merely from advertisements because people large number of people is always in the search of good jobs. For this reason, they look into every option available and click on every advertisement they see. Due to current global recession, employers usually get large number of applications for advertised positions and find it difficult to handle all of them and find the best one. For this reason, some of the organizations such as IBM and Volkswagen have created certain web forms for receiving appli cations. In these web forms, applicants enter their basic information, which the company requires in order to preselect the candidates (Dineen, Ash, and Noe, 2002, pp. 723-734). Based on this information, companies preselect few candidates with an automated system. After this employers proof the testimonials of experience and education, they