The term franchise tax refers to a tax paid by certain enterprises that want to do business in some states. Also called a privilege tax, it gives the business the right to becharteredand/or to operate within that state. Companies in some states may also be liable for the tax even if th...
The video game franchise has led to an anime series and avarietyofmerchandise. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The store sold avarietyofmerchandiseand served as a weigh station for wagons. ...
A legal monopoly, also known as a statutory monopoly, is a firm that is protected by law from competitors. In other words, a legal monopoly is a firm that receives a government mandate to operate as a monopoly. Legal monopolies can be established through: A public franchise A government li...
Open Access This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons. org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original ...
Over the years, IKEA has become an efficient franchisor, which is reflective of its values of entrepreneurial spirit and prioritisation of financial stability. However, at times, franchisees caused legal problems for IKEA, proving that this entry mode is indeed characterised by the lack of control...
A public franchise A government license Apatentor copyright Rationale Behind a Legal Monopoly A legal monopoly is a situation in which the government grants a firm to be the exclusive provider of a good and/or service in exchange for the right to be monitored and regulated. ...