Why fact consistent with discussion of specific investment

Reference no: EM13232440

Why might a parent company like McDonalds or Hilton choose to franchise its local outlets rather than own them and staff them with employees? In many smaller cities all McDonald's outlets are owned by the same franchisee. Why is this fact consistent with our discussion of SPECIFIC INVESTMENT?

Reference no: EM13232440

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Why fact consistent with discussion of specific investment : Why might a parent company like McDonalds or Hilton choose to franchise its local outlets rather than own them and staff them with employees In many smaller cities all McDonald's outlets are owned by the same franchisee.

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