Most franchisors encounter the following disadvantages. This is because different countries practice different electoral systems, and people who seems to practice the same type of electoral systems have some areas of divergence. It makes it imperative for political parties to credible candidates if they are to win. Secret ballot is one of the requirements for a free and fair election. Types of electoral system: The issue bothering on election and the entire electoral process is one with some level of controversy surrounding it. Nonetheless, if you still have questions or contributions on this topic, kindly drop it at the comment box. 4) There must be an acceptable method of nominating candidates for election. 2. Trust me, you are gonna love it. The followings are some of the disadvantages of a government company: Government companies are autonomy in theory, but in practice it is not autonomy because political people interfere in the day-to-day operation of the companies. Business-Format Franchising A brief description about each of these follows: 1. One candidate usually obatains an absolute majourity of 50%, but when this is not obtained, the candidate with the highest number of votes will be declared the winner. Electoral process is defined as the procedure by which citizens of a state have decided to adopt in choosing their leaders. Below is a list of the different types of electoral systems: 1) Simple majority system The franchisee may have to pay some amount of money before a franchise can commence. Your investment cannot be recovered until franchisees are appointed and you receive initial fees and then a regular income from them. If you want to pave your own way and do not want to be bound by established processes and procedures, franchising may not be for you. Bedford Street Starting as a sole trader is a relatively simple procedure, taking very little time and is free. Voters can easily vote blindly in this system. There are many benefits of franchising but there are also a number of drawbacks to consider. nibusinessinfo.co.uk, a free service offered by Invest Northern Ireland, is the official online channel for business advice and guidance in Northern Ireland. This is as a result of too many political parties that cannot be easily assessed by the people. b) Income Qualification: This requires that the voter must attain certain level of education before being eligible to vote, and also prove that he earns certain amount of income as may be prescribed by the law. 7) There should be a comprehensive voters register that embraces all qualified voters, such register must be subject to review from time to time. This means that women are forbidden from exercising their right to franchise. I highly recommend that you read this article painstakingly if you want to know all about electoral processes and procedures. See Answer, Learn How To Start A Blog And Make Money In School, Richest Pastors in the World 2020: Top 10, UNN Merit List: Download UNN 2020/2021 Merit Admission List in PDF, Meaning & Types of Constituted Authority (Explained), Cheapest Private Universities in Nigeria And their School Fees (2020), Exceptions to Hearsay Evidence: Common Law Exceptions to Hearsay. The disadvantages. Limited Control. There are some less favourable aspects associated with limited company formation, as one would expect from anything that provides so many benefits. Reduced costs. Although operating as a limited company has greater administration costs and accounting requirements, requiring more attention and time, the professional and financial gains cover these drawbacks. The franchise agreement usually includes restrictions on how you can run the business. 2. Franchising, a business development method for expanding a company and distributing goods and services using an established business system and a recognized brand name, has advantages and disadvantages. He secretly marks the candidate or party of his choice on the ballot papt. The candidates with the least number of votes will be withdrawn before the second ballot takes place. But in Germany and India, it is 20 and 21 years respectively as provided by the law. Belfast BT2 7ES In light of the above, we will be taking a look at the different types of electoral system, their meaning, advantages and disadvantages in this article. Franchisors may place restrictions on what you sell, where you operate and how you do business. a) Property Qualification: Here the voter is expected to posses some property which may include Land, House, or even an industry. The criteria for voting and to be voted for vary from country to country. It gives room for the formation of many political parties. If at the first ballot no candidate gets this majourity, a second voting called the second ballot becomes necessary. The open ballot involves the electorates either queing up to be counted openly, or standing behind the candidates of their choice to be counted publicly. Franchising Advantages and Disadvantages. The concept of franchising was however first started in Germany and later spread to the United States of America, wherein it has become a part of the American culture. Product Franchising ADVERTISEMENTS: 2. This system is still used in villages to choose officials by a raise of hand. 2) It makes it very easy and clear for the election result to be determined. 0800 181 4422. However, the right to vote is highly restricted to certain citizens and who meet up the requirements laid down by the law. The disadvantages of government company are as follows:-(1) Lacks Flexibility:The government companies have to follow the policies & rules framed by the Legislative or Parliament & most of the rules are rigid. 2. Countries that practice this system includes the following, Britain, Canada, Ghana, Nigeria etc. c) Educational Qualification: This requires that a voter must attain a certain level of education before being eligible to vote. So far, i have explicitly explained and discussed the different types of electoral system, their advantages and disadvantages. ( 2 ) majourity ethnic groups can use their system, secrecy is guaranteed and a Certified Mediator/Conciliator in.... Pillars of a democratic government one may find that after time ongoing franchisor monitoring becomes intrusive franchisees obey! To YouTube on your computer Union ( until 1936 ) 1936 ) your. Running a business with a proven success rate at minimal risk there is a need for a free service by! 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