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2 years ago

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

1 answer:

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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

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On January 8, Lee Co. borrows $100,000 cash from National Bank by signing a 90-day, 6% interest-bearing note. On April 8, Lee Co

Mumz [18]

Answer:

Interest Expense

Explanation:

If any company takes a loan from any bank or borrow from other sources for a specific time, that company has to pay a combination of principal amount and an additional expenses during the maturity period. That extra cost is called interest expense. As Lee company borrows a loan on January 8 and will pay the loan on April 8 with an interest rate, the company has to pay an interest expense of $100,000 × 6% × (90 ÷ 360) = $1,500.

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3 years ago

A second mover: a.is typically ineffective in its response to a first mover. b.attempts to provide a product with greater custom

Viktor [21]

Answer:

b. attempts to provide a product with greater customer value than the first mover.

Explanation:

In marketing, it is believed that the first mover gains an edge over the followers. A first mover is the initial entrant and provider of products and services catering to a marketing segment.

A second mover refers to the immediate next of the first mover. The advantage second mover has over the first mover being, it can analyze the response the first mover generated and effectively gauge what went right and what went wrong for the first mover.

This way, the second mover can provide improved products than the first mover by not committing same errors as the first mover.

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3 years ago

Who must make the determination to cancel an invitation for bids after bid opening?a.Contracting officerb.Chief of the contracti

Lesechka [4]

Answer:

c.Head of the contracting activity

Explanation:

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3 years ago

Everything else held constant, an increase in currency holdings will cause A. the money supply to rise. B. checkable deposits t

liraira [26]

Answer:

C. the money supply to fall.

Explanation:

According to my research on economics, I can say that based on the information provided within the question an increase in currency holdings will cause the money supply to fall. This is because if people begin to hold this causes the cash flow to decrease and money supply decreases because of the low cash flow.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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3 years ago

At December 31, Idaho Company had the following ending account balances:

telo118 [61]

Answer:

Balance of Stockholder's Equity at December 31 is $1,910,000.

Explanation:

This will appear as follows

Idaho Company

<u>Details $ </u>

Stockholder's Equity:

Common Stock 525,000

Preferred Stock 500,000

Additional Paid-In Cap. - Common Stock 625,000

Additional Paid-In Cap. - Preferred Stock 50,000

Treasury Stock (40,000 )

Retained Earnings <u> 250,000 </u>

Balance at December 31 <u> 1,910,000 </u>

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3 years ago