Part 3. Trends and Industry Insights Flashcards

(11 cards)

1
Q

Global certification for franchise professionals.
Introduced in the Philippines by Bing Limjoco.

A

Certified Franchise Executive (CFE) Program

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2
Q

Franchise Asia launched before

A

2012

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3
Q

co-founded the Asia Pacific Franchise
Confederation.

A

Francorp

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4
Q

AI Applications in Franchising

A

Improves customer service.
Reduces operational costs.
Enables data-driven decision-making

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5
Q

Personalization Benefits

A

Enhances customer loyalty and retention.

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6
Q

remain critical for brand
presence.

A

Physical Stores

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7
Q

supplements convenience but does
not replace physical outlets.

A

Technology

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8
Q

Attracts investors and facilitates international
brand growth.

A

Franchising for Global Expansion

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9
Q

Increasing consumer expenditure opens new franchise opportunities.

A

Pet Industry Growth

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10
Q

Growing sector with demand for strong
operational planning.

A

Home Service Franchising

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11
Q

Rising preference for independence and worklife balance.

A

Entrepreneurial Trends

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