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Essay's paper info
Topic: |
Business
|
Number of pages / Number of words: |
6 / 1504 |
Essay's paper body
This rapid expansion of Sonic was a short lived frenzy which resulted in
numerous failures do to lack of planning, market analysis, and requirements for
unit managers. The company was forced to operate the failed franchise as
company units in most cases, to protect the franchise name and reputation...
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The company was forced to operate the failed franchise as
company units in most cases, to protect the franchise name and reputation. A
loss was posted in 1980 as Sonic began closing some operations.
POOR MANAGEMENT
Reason's for the closings were that the board tighten its control which
created an operation that left no services being provided to the franchise
holders, including no advertising cooperation's, no management training services,
and no accounting services...
Essay fragment
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