Why might a parent company choose to franchise local outlets

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Reference no: EM13202271

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: EM13202271

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Why might a parent company choose to franchise local outlets : 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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