Reviewer

34問 • 1年前

問題一覧

defines franchising as a contractual relationship where a franchisor grants a franchisee the right to use its trademark…

Philippine Franchise Act of 1995 (Republic Act No. 9178)

This code categorizes franchise agreements as Technology Transfer Arrangements (TTAs).

Intellectual Property Code (IRC):

This code contains general provisions governing obligations and contracts, including franchise agreements.

Civil code

is a non-criminal lawsuit filed in a court of law by a private individual or organizatich against another.

Civil action

This code sets out the requirements for registering a business in the Philippines. Foreign corporations must apply to the Securities and Exchange Commission (SEC) for a license to transact business in the Philippines

Corporation code

intending to conduct franchising operations have options like entering into a franchising agreement with an existing local entity.

Foreign corporation

Empowers the Department of Trade and Industry (DTI) to create a franchise registry. It aims to strengthen and further regulate the franchising industry, recognizing its significant contribution to the Philippine economy.

Executive Order no. 169 s.2022

This legally binding contract governs the rights and obligations of franchisers and franchisees.

Franchise agreement

The Philippine Franchise Act mandate franchisors to provide prospective franchisees with a Disclosure Document, containing essential information about the franchise opportunity.

Franchise Disclosure Requirement

Franchisors are required to register their franchise offerings with the Securities and Exchange Commission (SEC) before offering franchises to the public.

Registration and Regulation of Franchise Offerings

The Philippine Franchise Act includes provisions protecting franchisee rights and ensuring fairness in franchising relationships.

Protection of Franchise Rights

Trademark registration is crucial for franchisors to protect their brand and ensure franchisees can legally use the trademarks.

Intellectual Property Protection

responsible for promoting and regulating the franchising industry.

Department of Trade and Industry (DTI)

regulates the registration and disclosure requirements for franchise offerings.

Securities and Exchange Commission

handles trademark registration and the enforcement of intellectual property rights.

Intellectual Property Office of the Philippines (IPOPHL )

enforces competition laws and prevents anti-competitive practices in the franchising industry.

Philippine Competition Commission (PCC)

enforces the Data Privacy Act of 2012, which protects individuals from unauthorized processing of personal information.

National Privacy Commission

involves granting licenses to individuals or businesses within a specific country to operate a business under an established brand.

National Franchising

Franchising enables rapid growth by leveraging the Investment and expestise of franchisees.

Rapid Expansion

Franchise agreements ensure standardized operations, products, and services, maintaining brand uniformity across locations.

Brand Consistency

Franchisees handle day-to-day operations, reducing overhead expénses for the franchisor.

Lower Operating Costs

Franchising allows businesses to reach new markets and customer segments within a country.

Increased Market Penetration

Franchisees often possess valuable local knowledge and connections, which can enhance operations and customer satisfaction.

Local Expertise

Identifying individuals with the necessary skills, financial resources, and commitment to the brand can be challenging.

Finding Qualified Franchisees

Ensuring consistent service and product quality across multiple franchise locations requires robust training and monitoring systems.

Maintaining Quality Control

Building and maintaining strong relationships with franchisees is crucial for long-term success.

Managing Franchisee Relationships

Navigating complex franchise laws andregulations within a country can be time-consuming and costly.

Legal and Regulatory Compliance

National franchising often involves intense competition from both established and emerging brands.

Competition

Franchising provides access to new markets and customer bases around the world,

Global Market Access

Interatonal expasion reduces dependence on a single market, mitigating

Diversification

Expanding internationally can enhance brand visibility and recognition on a global scale.

Increase Brand Recognition

Accessing new markets with higher purchasing power can lead to increased revenue and profitability. knowledge.

Higher Profit Potential

Partnering with local franchisees provides access to valuable cultural and market knowledge.

Global Expertise

Adapting products, services, and marketing strategies to diverse cultures and languages requires careful consideration.

Cultural and Linguistic Differences

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問題一覧

defines franchising as a contractual relationship where a franchisor grants a franchisee the right to use its trademark…

Philippine Franchise Act of 1995 (Republic Act No. 9178)

This code categorizes franchise agreements as Technology Transfer Arrangements (TTAs).

Intellectual Property Code (IRC):

This code contains general provisions governing obligations and contracts, including franchise agreements.

Civil code

is a non-criminal lawsuit filed in a court of law by a private individual or organizatich against another.

Civil action

Corporation code

intending to conduct franchising operations have options like entering into a franchising agreement with an existing local entity.

Foreign corporation

Executive Order no. 169 s.2022

This legally binding contract governs the rights and obligations of franchisers and franchisees.

Franchise agreement

The Philippine Franchise Act mandate franchisors to provide prospective franchisees with a Disclosure Document, containing essential information about the franchise opportunity.

Franchise Disclosure Requirement

Franchisors are required to register their franchise offerings with the Securities and Exchange Commission (SEC) before offering franchises to the public.

Registration and Regulation of Franchise Offerings

The Philippine Franchise Act includes provisions protecting franchisee rights and ensuring fairness in franchising relationships.

Protection of Franchise Rights

Trademark registration is crucial for franchisors to protect their brand and ensure franchisees can legally use the trademarks.

Intellectual Property Protection

responsible for promoting and regulating the franchising industry.

Department of Trade and Industry (DTI)

regulates the registration and disclosure requirements for franchise offerings.

Securities and Exchange Commission

handles trademark registration and the enforcement of intellectual property rights.

Intellectual Property Office of the Philippines (IPOPHL )

enforces competition laws and prevents anti-competitive practices in the franchising industry.

Philippine Competition Commission (PCC)

enforces the Data Privacy Act of 2012, which protects individuals from unauthorized processing of personal information.

National Privacy Commission

involves granting licenses to individuals or businesses within a specific country to operate a business under an established brand.

National Franchising

Franchising enables rapid growth by leveraging the Investment and expestise of franchisees.

Rapid Expansion

Franchise agreements ensure standardized operations, products, and services, maintaining brand uniformity across locations.

Brand Consistency

Franchisees handle day-to-day operations, reducing overhead expénses for the franchisor.

Lower Operating Costs

Franchising allows businesses to reach new markets and customer segments within a country.

Increased Market Penetration

Franchisees often possess valuable local knowledge and connections, which can enhance operations and customer satisfaction.

Local Expertise

Identifying individuals with the necessary skills, financial resources, and commitment to the brand can be challenging.

Finding Qualified Franchisees

Ensuring consistent service and product quality across multiple franchise locations requires robust training and monitoring systems.

Maintaining Quality Control

Building and maintaining strong relationships with franchisees is crucial for long-term success.

Managing Franchisee Relationships

Navigating complex franchise laws andregulations within a country can be time-consuming and costly.

Legal and Regulatory Compliance

National franchising often involves intense competition from both established and emerging brands.

Competition

Franchising provides access to new markets and customer bases around the world,

Global Market Access

Interatonal expasion reduces dependence on a single market, mitigating

Diversification

Expanding internationally can enhance brand visibility and recognition on a global scale.

Increase Brand Recognition

Accessing new markets with higher purchasing power can lead to increased revenue and profitability. knowledge.

Higher Profit Potential

Partnering with local franchisees provides access to valuable cultural and market knowledge.

Global Expertise

Adapting products, services, and marketing strategies to diverse cultures and languages requires careful consideration.

Cultural and Linguistic Differences