Franchising In Korea FSI
Korean food service industry is showing the trend of rapid growth in short period of time together with economic growth. As food service industry is regarded that it reflects a nation’s economic, culture, level of income and standard of living, it is sensitive industry that could be influenced by such factors including social, economy, culture, technology, environment, purchasing trend and so forth. Among the various factors, increased income level gives most direct impact on development of food service industry and this factor was the background for the rapid growth of Korean food service industries. Nevertheless of the rapid growth in quantity, structure and the business environment of Korean food service industry tend to fall behind compare to advanced nation such as the US and Japan. Especially, absence of the structural issues such as legal issues and policies that are needed in order to foster the food service industries is occurring. If this may continues, the problem that revealed from opening its market to foreign enterprise, for instance, overpaid loyalty, encroachment of food culture and aggravation of international competitiveness will be accelerated.
Especially, fosterage of franchise professional through education and training is another urgent task that needs to be resolved. Currently, universities and collages are conducting courses for food service industry operation in food service industry department, tourism department, hotel and catering department and so forth, however, the course for franchise has not been conducted in any institutions.
Some topics in this essay:
Economic Justice,
Hudson Webster,
Franchisee Traditionally,
Marketing Distributional,
Administrative Franchising,
CONCLUSION Franchise,
Japan Especially,
International Olympic,
LG CJ,
Information Co,
food service,
service industry,
food service industry,
franchisor franchisee,
franchise system,
korean food service,
korean food,
corporate franchisee,
business concept,
service market,
franchising contract,
food service market,
franchise contract,
food service industries,
• franchising contract,
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Approximate Word count = 8575
Approximate Pages = 34 (250 words per page double spaced)
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