The paper "Mandatory Industry Code in the Franchising Industry" is a great example of a marketing essay. The franchising has been experiencing tremendous changes that have marked many steps to its stabilization. The most notable development in the industry is the creation of the right rules and laws that can control most of the issues that affect the market in the recent past. It is appropriate to argue in a way that will create an understanding of the parties that take part in the process i. e. the franchisor and the franchisee. The industry is growing wider and far given that there are several ways through which the mandatory code of conduct in managing the entire industry (Antia, Zheng and Frazier 577-589).
However, some issues still continue to face the sector despite the long strides it is taking. The introduction of the mandatory code is the only remedy to the many issues affecting the franchising industry. Mandatory Industry Code The Mandatory Industry Code is the new regulation that regulates the franchising industry and any other activities that affect the consumer and competition Act.
It is the most important code of conduct as it defines the relationship between the franchisor and the franchisee. It is a regulation act that is enforced by the Australian federal government through the Trade Practice Act in the country (Antia, Zheng and Frazier 577-589). The mandatory code of conduct applies the increasing disclosure information as it is impacting the ACC and the regulation systems. The system helps the ACC in the process of applying penalties and impingement notices to non-conforming companies to consumer protection. History of the Mandatory Industry Code The initial stage of the production code was self-regulatory.
It later changed to voluntary regulation. In the current past due to the introduction of the disclosure system, it has now the mandatory franchising code of conduct. Franchising is an authoritative relationship. Franchisors and franchisees work together to offer products or administrations to shoppers in a steady way. It is vital that each store appears to be identical, as this gives the consistency buyers request(Antia, Zheng and Frazier 577-589). Exchange marks must be utilized as a part of the same way, the scope of merchandise or administrations need to be the same, the client must feel part of a comprehensive system.
Andersen, T. B. and T. Harr. "Franchise Values, Regulatory Monitoring, And Capital Requirements In Optimal Bank Regulation." Journal of Emerging Market Finance 7.1 (2008): 81-101. Web.
Antia, Kersi D., Xu (Vivian) Zheng, and Gary L. Frazier. "Conflict Management And Outcomes In Franchise Relationships: The Role Of Regulation." Journal of Marketing Research 50.5 (2013): 577-589. Web.
Berlinski, Samuel, Torun Dewan, and Brenda Van Coppenolle. "Franchise Extension And The British Aristocracy." Legislative Studies Quarterly 39.4 (2014): 531-558. Web.
Campbell, Dennis, Srikant Datar, and Tatiana Sandino. "Organizational Design And Control Across Multiple Markets: The Case Of Franchising In The Convenience Store Industry." SSRN Electronic Journal n. pag. Web.
Diaz-Bernardo, Ramon. "The Franchising Decision: The Perspective Of The Franchisee In The Hospitality Industry." International Business & Economics Research Journal (IBER) 8.8 (2011): n. pag. Web.
Djordjevic, Branislav. "The Significance Of Franchise." ABR 3.2 (2015): n. pag. Web.
Doni, Nicola. "Competition And Regulation In Franchise Bidding." Journal of Regulatory Economics 25.3 (2004): 223-242. Web.
Emerson, Robert W. "Franchise Encroachment". American Business Law Journal 47.2 (2010): 191-290. Web.
Guérin-Schneider, Lætitia and Michel Nakhla. "Emergence Of An Innovative Regulation Mode In Water Utilities In France: Between Commission Regulation And Franchise Bidding." Eur J Law Econ 33.1 (2010): 23-45. Web.
ISHIKAWA, H. "Furanchaizu Keiyakuron (Franchise Law And Franchise Agreements)". Social Science Japan Journal 14.2 (2010): 286-289. Web.
Komarova, M.E. and I.L. Polevnichaya. "Specific Character Of Franchising Networks Functioning In The Travel Industry." Research Result. SERIES «TECHNOLOGIES OF BUSINESS AND SERVICE» 1.2 (2014): n. pag. Web.
Lafontaine, Francine and Fiona Scott Morton. "Markets: State Franchise Laws, Dealer Terminations, And The Auto Crisis." Journal of Economic Perspectives 24.3 (2010): 233-250. Web.
Lashley, Conrad and Bill Rowson. "When Is A Franchise Not A Franchise? When It's A Pub". Strat. Change 11.6 (2002): 291-305. Web.
Mirhadi Fard, Maryam, Charles J.Kibert, and Seyyed Amin Terouhid. "Towards Franchising Mobilization Strategy In Large-Scale Energy Efficiency Retrofit Industry." JSD 5.8 (2012): n. pag. Web.
Park, Kwangmin, and SooCheong (Shawn) Jang. "Duration Of Advertising Effect: Considering Franchising In The Restaurant Industry." Global Journal of Hospitality Administration 31.1 (2012): 257-265. Web.
Thach, Liz et al. "The Impact Of Wine Franchise Laws On Consumer Choice And Pricing". International Journal of Wine Business Research 25.2 (2013): 138-158. Web.
Weaven, Scott, Debra Grace, and Ryan Jones. "Exploring Make Expansions In The Circumstances Of Franchising In Australia." J Brand Manag 19.5 (2011): 425-437. Web.
Weaven, Scott, Lorelle Frazer, and Jeff Giddings. "New Perspectives On The Causes Of Franchising Conflict In Australia." Asia-Pacific Journal of Marketing and Logistics 22.2 (2010): 135-155. Web.
Zakaria, Mohamad, Canada Garanča, and Abdallah Sobeih. "Cultural And Legal Challenges In Implementing Code Of Conduct In Supply Chain Management Of Mobile Phone Industries: Sony Ericsson Case Study." Social Responsibility Journal 8.2 (2012): 227-241. Web.
Zeff, Stephen A. "Accounting For Initial Franchise Fee Revenue: When A Journal Article In 1970 Constituted GAAP In The Eyes Of The SEC". Research in Accounting Regulation 24.1 (2012): 1-5. Web.