what we mean by franchising

Please write NO LESS than 1500 words (for both questions combined NOT for each question) using APA style to answer the following two questions. 1. Please explain what we mean by franchising? Outl

Please write NO LESS than 1500 words (for both questions combined NOT for each question) using APA style to answer the following two questions.

1.     Please explain what we mean by franchising? Outlining the advantages and disadvantages of franchises? and discuss the challenges of global franchising? Please explain using a real example.

2.     Management is the process used to accomplish organizational goals through Planning, Directing, Organizing and Controlling. Please explain how managers can utilize these four functions to successfully accomplish organization goals.