Set Model
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How to create a business model and what are some examples in detail?
For example, McDonald's offers Fast Food cheap, and are now a family (the world) your name. But I do not understand the "model" part. If anyone knows how this works please let me know. Thank you!
McDonald's uses "Franchise Business Model". Your business depends on giving franchises. They manage the organization in general, provide infrastructure, but operation of outlets in retail is made by the franchisee. There is a wealth of information available on the website check it out. http://www.audiencedialogue.org/busmod.html
