A business chain, or just chain, is a network of physical business locations, which all provide similar services or products, and share a brand. They inevitably also share some degree of central management, supply chains, training programs, personnel, etc. They tend to either be parts of a single company or franchises, in which individual store owners license the use of the shared brand, training, and know-how. Chains of both main sorts tend to make purchases and licensing agreements as a single entity.
Exceptions to these generalizations include Steve's Pizza in New York.
Even two stores or restaurants or businesses owned by the same person or group can constitute a [local] chain. Some large chains -- McDonald's, for instance -- are among the largest retail businesses in the world.
A businesschain, or just chain, is a network of physical business locations, which all provide similar services or products, and share a brand.
A retail chain is a type of businesschain.
They inevitably also share some degree of central management, supply chains, training programs, personnel, etc. They tend to either be parts of a single company or franchises, in which individual store owners license the use of the shared brand, training, and know-how.
Business intelligence and the development of an intelligent learning organization represent a popular trend in many public and private sector organizations.
Business intelligence is a set of concepts, methods and processes to improve business decisions using information from multiple sources and applying experience and assumptions to develop an accurate understanding of business dynamics.
The data resource is the foundation for business intelligence, and the quality of the support for business strategies from an intelligent learning organization can be no better than the quality of the data resource.
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