Why would someone choose to start a franchise business?

Answers

Answer 1

Answer:

The franchise organization model offers the franchisee the ability to grow under a common brand and share in the benefits of a larger group of business owners. ... Training from successful business operators. A lower risk of failure and/or loss of investments than if you were to start your own business from scratch.


Related Questions

3 td
(1 po
mm
8. When Dr. Norman travels, she always stays at a Hawks family hotel. She is brand loyal, and
thinks that Hawks offers the best service. On this trip, Dr. Norman stayed at three different
Hawks hotels. Customer service was excellent at two of the hotels, but at the last hotel, the
person checking in guests was rude. Dr. Norman completes a comment card on each hotel,
knowing that Hawks strives for excellent customer service. This scenario exemplifies which
service characteristic?
Omarketability
Ovariability
O inseparability
O intangibility

Answers

Answer:

Variability

Explanation:

Variability expresses the notion that a service may vary in standard or quality from one provider to the next or from occasion to the next.

Which statement best explains the law of demand?
O The quantity demanded by consumers increases as prices rise, then decreases as prices fall.
O The quantity demanded by consumers decreases as prices rise, then increases as prices fall.
O The quantity demanded by producers increases as prices ise, then decreases as prices fall.
O The quantity demanded by producers decreases as prices rise, then increases as prices fall.

Answers

The correct answer is The quantity demanded by consumers decreases as prices rise, then increases as prices fall.

Explanation:

The demand or desire of consumers to buy a certain product is widely affected by the price of the desired product. Indeed, a low price leads to a higher demand because consumers can buy more units of the same product and this motivates them to buy more; while a high price decreases the demand.

For example, if donuts normally cost $1 and their price decreases to $0.5 this will increase the demand or number of donuts people want people they can buy more units and the product can be afforded by more people. On the opposite, if the price increases to $2 people will buy fewer donuts because these would not be affordable for some people, and in general people will spend more money on each donut.

Answer:

the option is b on edge......

Which of the following is true about cover letters?
Cover letters are equivalent to a personal sales pitch
O Cover letters can be the same for all prospective employers
Cover letters should not list anything specific about the company
O Cover letters should be sent the day before the résumé

Answers

Answer:

Cover letters are equivalent to a personal sales pitch

Explanation:

A cover letter, also the job application letter, is sent to prospective employers together with a resume. Its purpose is to complement the resume, but not to duplicate it.  A cover letter specifies the job an applicant is seeking and the reason why the employer should hire them.

A cover letter allows job applicants to market themselves to the employer. It offers an opportunity for the applicant to explain why they are the best candidate for the job and what they can do for the employer. Potential employers rely on cover letters to a certain extent in determining who to shortlist for a job interview.

Cover letters are often used in job applications. Cover letters are equivalent to a personal sales pitch.

The main reason of a cover letter is to arose the interest the employer in reading your resume.

The letter often gives information to the employer about who the candidate is as a professional and also as a person.

It often includes their areas of interests, professional goals, knowledge, skills they've gained over the years, etc.

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Which Spanish explorer discovered Florida?

Jacques Marquette
Juan Ponce de León
St. Augustine
Hernando de Soto

Answers

Answer:

Juan Ponce de León was the spanish explorer who discovered Florida.

Answer:

Juan Ponce De Leon

Explanation:

Spain established colonies on the islands of Cuba, Hispaniola, Puerto Rico, and San Salvador. Juan Ponce de Leon, the Spanish governor of Puerto Rico, sailed from that island to the peninsula now called Florida. He explored this area in search of the "Fountain of Youth." He returned to Puerto Rico without finding the magic water.

Enright Industrial Leasing has effective control processes, allowing its managers to discover ______ in bookkeeping right away, before a would-be embezzler could seriously affect its business.

Answers

irregularities and errors

Explanation:

Due to its efficient control procedures, Enright Industrial Leasing's managers are able to identify abnormalities and bookkeeping mistakes as soon as they arise, preventing a potential embezzler from negatively impacting the company's operations.

What is bookkeeping?

Accounting in businesses and other organizations involves the recording of financial transactions, which is known as bookkeeping. It entails putting together the original paperwork for all corporate operations, transactions, and other occurrences.

A person, a business, or a corporation may engage in transactions such as buying, selling, receiving, and paying money. The single-entry and double-entry bookkeeping systems are two of the widely accepted techniques for keeping financial records.

Despite the fact that some people might consider this to be "genuine" bookkeeping, any procedure for documenting financial transactions qualifies as bookkeeping.

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Which of the following documents thanks the interviewer and restates the applicant’s interest in the job?
a.
Cover letter
b.
Acceptance letter
c.
Thank-you letter
d.
Rejection letter

Answers

Answer:

c

thank you letterr.........

Answer:

C

Explanation:

I took the test

It can be referred from the text that ...
The GMX 200 is a disposal garbage
b. Used batteries can be replaced in the product
c. The users will get full refund if there is malfunction during the guarantee period
d. There are two kind of batteries to replace the old batteries​

Answers

This question is incomplete because the text is missing; here is the missing part:

Text 1

1. Remove the back cover, using a small screwdriver to loosen the screw

2. Remove batteries and replace with two new AAA batteries. use the + and - signs to position correctly. dispose of used batteries properly.

3. Replace the cover and tighten the screw with the screwdriver

4. Reset the time using the side buttons

The GMX 200 is guaranteed to keep time accurately for one full year from date of purchase should it malfunction in any way during this time period, your money will be refunded in full.

The correct answer to this question is C. The users will get full refund if there is malfunction during the guarantee period.

Explanation:

This text provides instructions to change the battery in a GMX 200, which can be inferred it is a clock or similar device. This text explains the different steps users need to follow to change batteries. Moreover, in the last section of the text, it is clarified if there is any failure during the first year, which is the guaranteed time "your money will be refunded in full". According to this, it can be inferred during this time any malfunction implies the user gets a complete refund (option C.)

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes before you learn how strong demand is for homes in this large neighborhood. There is a 60 percent chance of low demand and a 40 percent chance of high demand. The corresponding (inverse) demand functions for these two scenarios are P = 300,000 – 400Q and P = 500,000 – 275Q, respectively. Your cost function is C(Q) = 140,000 + 240,000Q. How many new homes should you build, and what profits can you expect?

Answers

The number of new houses that will be built is 200 while the profit is $13860000.

From the information given, the expected demand function will be:

= 60% × (300000 - 400Q) + 40% × (500000 - 275Q)

= 380000 - 350Q

Therefore, P = 380000 - 350Q

Since profit is the difference between the revenue and cost. This will be:

= (380000 - 350Q) × Q - (140000 + 240000Q)

Therefore, maximizing the profit will be:

380000 - 350 × 2Q - 240000 = Q

Q = 200

Therefore, profit will be:

= (380000 - 350Q) × Q - (140000 + 240000Q)

= (380000 - 350 × 200) × 200 - (140000 + 240000 × 200)

= 13,860,000

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Need help answer this question please help me

Answers

Answer:

 b). 4 and 14 units

Explanation:

The equilibrium point is the intersection of demand and supply curves. It is a condition of no excess or shortage in supply or demand in the market. At equilibrium, the quantity demand matches the quantity supplied.

At the equilibrium situation, buyers are willing to purchase the quantity supplied at the stated price. It implies both suppliers and buyers are happy with the current supply and price.

5a) Change
the given angle
into
degress-
i) 10ʻl6' 15"​

Answers

Given :

An angle 10 16' 15".

To Find :

The given angle into degrees.

Solution :

We know, 1° = 60' and 1' = 60".

Now,

[tex]15" = (15\times \dfrac{1}{60})^{'}\\\\15"= \dfrac{1}{4}^{'}=0.25^{'}[/tex]

Now,  total minutes are :

(16 + 0.25)' = 16.25'

Converting 16.25' to degrees.

[tex]16.25^{'} = 16.25\times \dfrac{1}{60} ^o\\\\16.25^{'} = 0.271^o[/tex]

Therefore, angle in degree is ( 10+0.271 )° = 10.271° .

Recording the Sale of Common and Preferred Stock At the end of its first year of operations, Mulligan Corporation has outstanding shares of 116,000 common stock and 18,000 preferred stock. The State of Ohio authorized Mulligan to issue 19,000 shares of 6% preferred stock with a par value of $35 per share and 117,000 shares of common stock with a par value of $6 per share. Any preferred stock sold during the year had a selling price of $45.50 per share. Mulligan's common stock was issued at $20.

Answers

Answer:

the journal entries to record these transactions are:

to record issuance of common stocks

Dr Cash 2,340,000

    Cr Common stocks 702,000

    Cr Additional paid in capital, common stocks 1,638,000

to record the issuance of preferred stocks

Dr Cash 864,500

    Cr Preferred stocks 665,000

    Cr Additional paid in capital, preferred stocks 199,500

Match the economic scenario to the relevant characteristics. Increase in savings increase in unemployment more demand for funds among borrowers increase in government borrowing increase in price of products economic recession economic expansion

Answers

Answer:

Economic expansion

Increase in savings

The economy is expanding which means that people have access to higher wages. This will enable them to save more.

More demand for funds among borrowers

As the economy is expanding, people will borrow to consume more as well as to invest which will lead to a higher demand for borrowed funds.

Increase in price of products

With more people able to afford goods and services, prices will increase as there is now more demand for those goods.

Economic recession

Increase in unemployment

With the economy shrinking, companies will be making less profit and will have to layoff workers to reduce their costs.

Increase in government borrowing

In a recession, the Government will have to spend more to prop up the economy like the US Government did during this pandemic by providing stimulus packages. This spending is supported by borrowing.

debbie is applying for a gas card. If she gets approved, what type of credit will it most likey be?

Answers

Answer:

debt

Explanation:

2. Which of the following is not an example of the law of supply?

Answers

Answer:

B

Explanation:

The law of supply summarizes the effect price changes have on producer behavior. For example, a business will make more video game systems if the price of those systems increases. The opposite is true if the price of video game systems decreases. Answer B does not specify a company supplying an item for a higher or lower price.

As a rule of thumb, how often should an entrepreneur reevaluate her compensation package? Question 27 options: Every month Every 6 months Every 12 months Every 18 months

Answers

Answer:

Every 12 months.

Explanation:

Generally, as industry practice an entrepreneur re-evaluate her compensation package for every 12 months.

A flood damaged a building and contents. Floods are unusual and infrequent in this area. The receipts from insurance companies totaled $500,000, which was $150,000 less than the book values. The tax rate is 30%. On the statement of cash flows (indirect method), the receipts from insurance companies should

Answers

Answer:

It is shown under investing activities as a cash inflow

Explanation:

On the cash flow statement using the indirect method the receipts from the insurance company should be shown in the investing activities at $500,000

as an inflow of cash as the cash is increased

So the same is to be considered

The other $150,000 would be ignored as it is not relevant

Therefore the above is the answer

What is the definition of premium?

A. the value of something lost or damaged
B. the highest payout by an insurer
C. the amount paid for an insurance policy
D. the best insurance available

Answers

Answer:

the amount paid for an insurance policy or C

Explanation:

Answer:

It is C

Explanation:

Before we dig into Home Safety... Why is home safety important to learn about? In what ways can being educated in
home safety help you as you begin to purchase a home, move into a new home, and observe new homes that you visited?

Answers

Answer:

so you cant die

Explanation:

Which attack is typically performed from a hallway or doorway?
Select one
A Blitz
B. Combination
C. Transitional
D. Offensive interior

Answers

Answer:

B. Combination

Explanation:

Firefighting can be defined as a strategic approach or technique which typically involves the process of attempting to prevent and control the spread of an unwanted fire in buildings, vehicles or any other location (place).

Basically, the professionals or experts who are saddled with the responsibility of preventing or controlling this unwanted fire are known as fire fighters.

An attack which is typically performed from a hallway or doorway is known as combination.

Which type of communication is usually handwritten?
A.
a business letter
B.
a memorandum
C.
a note
D.
an email
E.
a résumé

Answers

Answer:

C. a note

Explanation:

Notes are informal handwritten messages.

A note is a type of communication is usually handwritten. Thus, the correct option is C.

What is communication?

Communication is the process of exchanging information, ideas, or messages between individuals or groups through various means, such as speech, writing, body language, or technology.

The sender is the person who initiates the communication and encodes the message, while the receiver is the person who receives and decodes the message. The medium is the channel through which the message is transmitted, such as speech, writing, or electronic devices.

Feedback is the response or reaction of the receiver to the message, which helps to ensure that the communication is understood and effective.

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What are the four basic elements of business?
A. Production, fiancé, marketing, and customer service
B. Marketing, finance, networking, and production
C. Service, finance, employees, and marketing
D. Customer service, investment, marketing, and service

Answers

Answer:

The four basic elements of business are:

A. Production, fiance, marketing, and customer service.

Explanation:

These elements make up a business organizational structure.  Functional structures and hierarchies revolve around these basic elements.  Production in some organizations will be described as operations.  It is the core of the business.  Revenues that sustain the business are generated from production or operations.  Finance handles the revenues and the costs associated with running a business.  Marketing ensures that the goods and services from production or operations are made known to customers through research, information acquisition, and customer education.  Finally, customer service ensures good relationships between the business and the customers, who are the chief patrons of the business. These essential elements ensure business success.

Answer:

Production, finance, networking and customer service

Explanation:

1.) The PERCENTAGE of interest or dividends earned on money that is invested

Answers

Answer:

Rate of return.

Explanation:

Rate of return can be defined as the percentage of interest or dividends earned on money that is invested.

In Financial accounting, a return refers to the amount of profit generated by an investor on an investment over a specific period of time.

Basically, the rate of return which is typically expressed as a percentage of the initial costs of an investment can either be a gain or a loss on an investment. Therefore, a positive rate of return on an investment over a specific period of time, simply means that an investor is making a profit (gains) while a negative rate of return on an investment over a specific period of time, indicates that the investor is running at a loss.

Hence, the rate of return is used as a long-term decision-making tool to determine whether or not an investment is worth it.

write and explain any five relation between market and entrepreneurship skills​

Answers

Answer:

A great entrepreneur must be able to effectively communicate, sell, focus, learn, and strategize.

An ability to continuously learn is not just a key entrepreneurial skill, but also a very valuable life skill.

Growing a business requires a sound strategy based on inherent business sense and skills.

Why do you need to create an effective advertising message? An effective advertising message tells customers about the specific details and features of your product. An effective advertising message tells customers what your competitors are offering. An effective advertising message tells customers the benefits of what you have to offer. An effective advertising message only focuses on products and not services.

Answers

Answer:

An effective advertising message tells customers the benefits of what you have to offer.

Explanation:

The main goal of an effective advertising message is to convince the potential customer population that their product is right for them and is the best choice in the current market. This is done by telling customers the benefits of what you have to offer. If the advertisement shows customer that the product provides a needed benefit to them it will be an efficient advertisement and convince them to buy it.

Which of the following influences the consumer when he or she is deciding wether to buy a product?
A. The stock market
B. Opinion factors
C. External factors
D. Multiple factors

Answers

Answer:

D.

Explanation:

The factors that infuence a consumer's decision of buying product are multiple. It can be internal, external, economic, cultural, etc.

These factors include psychological factor, social factor, cultural factor, situational factor, etc.

Many times it's psychological factors such as moods. If a person is in bad or good mood, it will affect his behavior to buy a product. Culture or social life also influences consumer's buying habit. Some buy under peer pressure or to have status in society.

Therefore, option D is correct.

Answer: External factors

Explanation:

what is a pumpkin bug

Answers

Answer:

The botanical name for squash bugs is Anasa tristis. This bug is very common in the USA and gets its common name from the fact that it is attracted to and lays its eggs on squash, as well as pumpkin plants. I've also seen the bugs on cucumber plants and other curcubits such as melons.

Explanation:

The _____ is the address of the letter writer.

Help please, I think it’s inside address but I’m not sure still

Answers

Answer:

Sender's Address

Explanation:

I believe inside address is the receiver's address.

Differentiate between micro hydro power and hydro power. ​

Answers

Answer: Hydroelectricity is a form of hydropower and is the most widely used form of renewable energy throughout the world. ... Hydro electricity extracted from water depends not only on the volume but on the difference in height between the source and the water's outflow.

Hope this helps...... Stay safe and have a Merry Christmas!!!!!!!! :D

Explanation:

What is the difference between limited liability and unlimited liability

Answers

Answer:

Limited liability means the business owners' liability for debts is restricted to the amount they put into the business. With unlimited liability, the business owner is personally responsible for any loss the business makes.

Explanation:

What is the act of gathering information relative to a company's action and the factors that affect the space in which the company operates?

Answers

The answer is Market Research .
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