Answer:
B. business format franchise
Explanation:
Under the business format model, the franchisee adopts the entire business operating systems of the franchisor. It means that the franchisee uses the franchisor's trademark, plans, and procedures. Goods and services offered by the franchisee will be identical and will bear the same prices as those of the franchisor.
Joseph plans to operate a business format model of a franchise. The franchisee will have to meet Joseph's standards of operations. For that to happen, Joseph must provide the following.
- Initial training
- Standardize build-out plans
- Operations manuals
- Continuous support
- Point-of-sale system education
- Key functionalities
Joseph has a responsibility to ensure the franchisee adhere to the standards agreement. It means he will have a supervisory role in management for the franchisee.
In return, Joseph will be earning commissions from each franchisee based on the income of each of them.
Answer:
A
Explanation:
An example of an expense related to long term financing is _. a. ... Which of the following statements accurately describes short term financing ... An investor who owned this item from a company has limited votingrights on major company issues. ... A company paid an investor $.50 per share from its earnings each quarter.
Answer:
B. market maven
Explanation:
A market maven is a market participant that possess a lot of information about the market.
As a result, their opinions are trusted concerning market events.
Rayna is a market maven.
A market leader is a company or product that has the biggest market share in its industry.
An Opinion leader is an influential member of a community that gives opinions or advise to others.
An influencer is a person with the power to affect the purchasing decisions of others.
Answer:
scenario planning and scenario analysis.
Explanation:
Planning can be defined as the process of developing organizational objectives and translating them into action plans or courses of action.
This ultimately implies that, planning is a strategic technique used by organizations to make an aggregate plan for its manufacturing (production) process typically ahead of time, in order to have an idea of the level of goods that are to be produced and what resources are required so as to reduce the total cost of production to its barest minimum.
Contingency planning is also known as scenario planning and scenario analysis.
Basically, a contingency planning is a type of plan that is typically designed by a business firm to take into account a possible future circumstance or event based on a forecast.
Answer:
<u>d. Is it possible to make decisions without collecting data?</u>
<u>Explanation:</u>
There is <em>no need</em> for such a question since you are already requested to begin developing a data collection plan.
However, questions related to who will be responsible for collecting the data are important as they enable you to properly plan. Also, knowing the source of the data and the reason for collecting the data are important questions.