Anheuser-Busch and Franchising in South Africa
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ANHEUSER-BUSCH AND FRANCHISING IN SOUTH AFRICAFranchising can be an effective way for a company to enter a foreign market. Franchising shares the risk associated with such market entry, and brings experts into the marketing of the product. These experts are likely to be familiar with the destination country on a level that the company granting the franchise is not, and this decreases the learning curve associated with market entry. Whether franchising is right in any particular instance depends on the company, the industry, the product, and the country where the franchising is to take place. This research considers the use of franchising in general, the use of franchising in South Africa in particular, and whether franchising makes sense as a strategy for AnheuserBusch. At its most fundamental level, franchising is merely "a method for distributing products or services". Franchises involve relationships between the franchisor (who provides the brand recognition and expertise in the product or service) and the franchisee, who markets the product in accordance with the franchise agreement ("What is Franchising?" 2005). However, there are variations on the franchising concept which can be used in the international market, depending on the business environment within a particular region. Specifically, four strategies are commonly employed by international franchising operations: master franchisee, joint venture, licensing and direct invest
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AnheuserBusch FRANCHISING, South Africa, Chan Justis, INTRODUCTION Franchising, CONCLUSION Franchising, Franchising World, south africa, April Ripe, Management Executive, Bank ADB, Development Bank, master franchisee, franchising 2005, joint venture, market entry, international franchising, franchising company, franchise arrangement, direct investment, franchising company directly, retrieved 30, south africa particular, chan justis 1990, retrieved 30 june, 30 june 2005,
Approximate Word count = 1011
Approximate Pages = 4 (250 words per page)
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