The competitiveness of a good usually depends on two key factors: its price, and its quality. While poor quality goods are less competitive from a quality perspective but poor quality goods are usually cheaper to produce resulting to a lower final price. So overall, the lower the cost and the higher the quality the more competitive a good is.
<u>Explanation:</u>
A franchise business is one that allows another business (or non-profit) to carry out certain commercial activities, in a sense acting as an agent for the company.
Consider the following advantages:
1. Capital
The franchisor (the company that grants permission) may provide all the capital required to open and operate the non-profit.
2. Better-quality management. The years of experience accumulated by the franchisor may be of benefit to the non-profit. Thus, improving the quality of operations.
Other benefits include;
- increase their speed of Growth
- increased Profitability
- reduced Risk
Answer:
The correct answer is D
Explanation:
Worth is the word which is described as the value of the business or the net worth which is assets minus liabilities.
In accordance with the Veblen, the concept or the idea of the conspicuous consumption is developed or created. It is believing that the rich person or people are very concerned in showing off their wealth in order to prove their success in from of others.
So, Veblen would likely demonstrate their worth by purchasing the expensive jewels for his wife and then showing off the jewels at the parties.
Answer:
Explanation:
The best recommendation in this scenario would be to liquidate half of the money market fund and invest it in 5 year corporate debentures yielding 2.70%. This is because traditionally money market funds, although highly liquid, only offer an average of 1% return on investment for the capital invested. Investing instead in a corporate debentures yielding would net the individual more than double in ROI and hopefully cover all of the living expenses.
Answer:
$22,000F
Explanation:
Calculation to determine what The activity variance for revenue for October would have been closest to:
Activity variance for revenue= (5,500*19) - (5,500*23)
Activity variance for revenue=$104,500-$126,500
Activity variance for travel expense =$ 22000 F
Therefore The activity variance for revenue for October would have been closest to:$22,000 F
