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ponent. Discuss the other five com SECTION E (10) Question 9 [TOTAL - 20marks] CASE STUDY In Namibia, franchising has been singled out as the success story of the 21st century. There are more than one thousand franchise businesses across the Swakopmund and spreading as far as Oshakati, Rundu and Katima. y, ranging from Windhock, Walvis Bay and 25% of the total retail turnover in the Country, the business seems to na. With an annual turnover of nearly to be doing pretty well with a promising future ahead of it. Indeed, business research holds that every second week a new franchised outlet comes into existence in the Country. Franchising ties in with economic empowerment in a number of ways. These range from big businesses Fried Chicken ( KFC ) , king Pie and Wim wanting to downsize and create business opportunities, to small organizations and branches attempting to help the weak and vulnerable, especially the previously disadvantaged citizenry. Franchise is also a good medium for the transfer of business skills that is reconstruction and development initiatives. And banks are more likely to grant start-up capital for a franchise than a person wanting to start CKFC an untried small business. francisor 9.1. 9.2. Which two parties are involved in the above mentioned business? As a student of Business Management, you intend to set up your own franchise on graduating from The Namibia University of Science and Technology, what will be the motivating factors for setting (3) up such business? 9.3. The business rationale for corporate social responsibility (CSR) varies. However, most CSR programmes are driven by a combination of reasons. List any 3 of the drivers of CSR (3)