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Crazy boy [7]
2 years ago
11

The advantages of using a franchising strategy to pursue opportunities in foreign markets include:.

Business
1 answer:
Sliva [168]2 years ago
6 0

The advantages of using a franchising strategy to pursue opportunities in foreign markets include : Having franchisees bear most of the costs and risks of establishing foreign locations and requiring the franchisor to expend only the resources to recruit, train, and support and monitor franchisees.

<h3>What is franchising?</h3>

Franchising is a marketing concept in which when adopted by an organization, can be used as a strategy for business expansion.

The Franchisor is the original business owner who sells the right, intellectual property and use of its business model to use its business name and idea.

Basically, franchise provides the opportunity to buy into a successful business model which has track record, solid supply chain and expert technical support.

Learn more about franchising here : brainly.com/question/12879015

You might be interested in
Why do you think that we should study crime and criminals? What information might we gain by doing so?
Paraphin [41]

We may understand criminal behavior and thus be able to prevent crime.

4 0
2 years ago
Other things held constant, which of the following events is most likely to encourage a firm to increase the amount of debt in i
True [87]

Answer: Option (c) is correct.

Explanation:

Correct Option: The corporate tax rate increases.

If there is an increase in the corporate tax rate then this will induce the firms to increase the amount of their debt. This is due to the fact that the firms with more debt are going to pay less tax because of the large interest expense. Due to large interest expenses, their income before tax reduces.

Hence, large corporate taxes encourage firms to increase the amount of debt. Therefore, the firms with no debt pays higher taxes than the firms with higher amount of debt.

8 0
3 years ago
Lamont Communications has amortized a patent on a straight-line basis since it was acquired in 2010 at a cost of $50 million. Du
Fittoniya [83]

Answer:

C) Patent amortization expense of $5 million.

Explanation:

Patent acquisition date is 2010

Cost of acquisition = $50 million

Initial Useful life = 20 years

Annual amortization = $50,000,000/20

                                  = $2,500,000

Between 2010 and start of 2013 is 3 years

Carrying value at the start of 2013

= 50,000,000 - 3(2,500,000)

= $42,500,000

If patent would be received over a total period of 8 years rather than the 20-year legal life being used to amortize the cost,

Patent amortization expense in 2013 = $42,500,000/8

                                                              = $5,312,500

This can be estimated as $5 million.

The right option is C) Patent amortization expense of $5 million.

6 0
3 years ago
Exercise 15-14 Presented below are two independent situations. 1. Flinthills Car Rental leased a car to Jayhawk Company for one
IrinaVladis [17]

Answer:

Part 1

Dr Lease rentals $300........ Expense

Cr     Cash Account $300

Part 2

Dr Leased Equipment $63,536

Cr Finance Lease Liability  $63,536

Explanation:

Part 1. Under the operating leases the lessee pays the monthly rentals which must be accounted for as an expense and the double entry is as under:

Dr Lease rentals $300........ Expense

Cr     Cash Account $300

Part 2. Under the finance lease agreement, the lessee pays the value of the asset and the interest as well. So after the date of agreement when the asset is handed over the journal entry would be recording of the equipment received, which would written at its fair value or present value of the payments made. The journal entry would be:

Dr Leased Equipment $63,536

Cr Finance Lease Liability  $63,536

8 0
3 years ago
A business takes raw inputs (such as bread and cheese ), processes them (prepares them on a grill), and converts them to outputs
kipiarov [429]

Answer:

A. Internal

Explanation:

Internal supply chain refers to the chain of activities within a company that concludes with providing a product to the customer. This process involves multiple functions within companies such as sales, production, and distribution.

Processing of the grilled cheese and bread fall under the production option, while sake of the sandwich falls under sales and distribution.

4 0
2 years ago
Read 2 more answers
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