Paper Abstract
This 10 page paper discusses a case study of petroleum company in China that is offering water based diesel products. The paper begins with an overview of franchises, what they are, advantages and disadvantages. The major portion of the paper explains the new "Measures for the Regulation of Commercial Franchise," which became effective February 1, 2005. The case is about a domestic company, thus, that is the focus. The essay ends with the steps the company needs to take to prepare for franchising. Bibliography lists 4 sources.
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