Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Gym Franchisor flexible membership options, such as month-to-month, 1 year, two years - all these options will have terms and conditions. By having flexible membership

Gym Franchisor flexible membership options, such as month-to-month, 1 year, two years - all these options will have terms and conditions. By having flexible membership options will enable the members or potential members to choose options that best suit them, for example, a tourist who is visiting the country for a month who needs the state-of-the-art fitness centre should be able to sign up for a one-month plan without any penalties and termination fees. There's a new gym franchisor that is entering the market in few months to come.

Required:

  • How could the existing Franchisor consider affirming its space in the market? Should it offer promotions or adverts? Please include references in your reply

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Systems Analysis and Design

Authors: Shelly Cashman, Gary B. Shelly and Harry J. Rosenblatt

9th Edition

978-1133274056, 9780538481618, 1133274056, 538481617, 978-1133274636

Students also viewed these General Management questions