The winners receive franchises of their own.
He cited disappointment with sales of "core franchises" of drugs.
Former employees of the firm have cited Mexican franchises of Wendy's and Subway as clients.
Revenue was down sharply in traditional franchises of Deutsche Bank, like credit and equity derivatives trading.
Only 63 of the 2,801 Oldsmobile dealers do not have franchises of other brands.
Self-doubt has run riot in the Batman, Superman and X-men franchises of late.
(These call for a cultural island featuring franchises of the Guggenheim and the Louvre).
"We're getting franchises of this company for a long period of time," he said.
Six of the factories in Africa are franchises of the French company Nutriset, producing Plumpy'Nut, while five produce generic versions.
It is home to a handful of mega-clubs, including franchises of Ibizan clubbing meccas such as Pacha and Space.
Yet for all their internationalism, accounting companies have traditionally been franchises of national partnerships rather than fully integrated global companies.
