Economics- Franchises, Coops

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Name a franchise that you can relate to.
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EconomicsSecondary Education

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Answer in the chat box
Name a franchise that you can relate to.

Slide 1 - Diapositive

Chapter 8.4
Franchises, Coops and Noon profits
Pages 248-251

Slide 2 - Diapositive

Objectives
Identify the business organization
Compare franchises,co-ops, and nonprofits
Evaluate economic decision


Slide 3 - Diapositive

Introduction
A franchise is a business made up of semi-independent businesses that all offer the same products or services. Each franchisee, as the individual businesses are known,
pays a fee to the parent company in return for the right to sell the company’s products or services in a particular area.

Slide 4 - Diapositive

Franchises, co-ops, and nonprofits have distinctive features. ​​What Kind of Organization?
Review the following descriptions of business organizations. Decide what kind of business organization fits each description. Remember that there are three different types of
cooperatives.
• Several companies in your city join together to get a better deal on the health insurance they offer to their workers.
• Dan pays a fee for the right to sell Soft Freeze ice cream. Soft Freeze provides all the equipment Dan needs.

Slide 5 - Diapositive

Rachel and Serafina join an association that offers relatively cheap organic products. In return, they pay a small monthly membership fee.
• The Portswood Road Church Club provides free food service for the poor of the neighborhood.​​
Challenge Imagine a cooperative you and your friends might form.Describe how it would operate and how it would save you money.​

Slide 6 - Diapositive

Answer here

Slide 7 - Carte mentale

Answers
1. producer co-op
2. franchise
3. consumer co-op
4. nonprofit​​

Slide 8 - Diapositive

What is a business made up of semi-independent businesses that all offer the
same products or services?

Slide 9 - Carte mentale

Who pays a fee to the parent company in return for the right to sell the company’s products or services in a particular area?

Slide 10 - Question ouverte

What are the chief distinctions among franchises, cooperatives, and nonprofits?

Slide 11 - Question ouverte

Explain how franchisees share the risk of the business venture with the franchiser.​

Slide 12 - Carte mentale

The structure of a nonprofit resembles that of a ______________.

Slide 13 - Carte mentale

A nonprofit must
receive a_____________ charter.

Slide 14 - Carte mentale

You’re shopping for a new camera. You could buy it from a specialty camera store that offers expert advice or from a discount retail store that carries hundreds of other products. Or you could join a camera club that offers a
buying cooperative. What are the advantages and disadvantages of each option?

Slide 15 - Question ouverte

Write about the franchise, co-ops, and nonprofits.

Slide 16 - Carte mentale