Answer: internet advertising
Explanation:
Answer:
The correct answer is Through the franchise agreement, he can ensure that the new stores are operated according to his own standards.
Explanation:
The Franchise Agreement is a binding contract that sets out in detail the responsibilities and expectations for the franchisor and the franchisee.
You have to keep in mind that Franchise Agreements are written to be generally more advantageous for the franchisor. Once signed you are legally bound to uphold all the provisions of the Settlement, therefore it is essential that your attorney has reviewed the contract and explained everything correctly to you in plain language and not in specific terms that may not be easy to understand.
Before signing, if any verbal promises have been made, make sure they are included in writing in the Agreement. Once signed, the Franchise Agreement determines your relationship with the franchisor, and any disagreement or misunderstanding will be subject to the terms of the Agreement.
Since it is a binding contract, there are certain critical elements found in all business contracts and others that are unique to franchising. Here are some aspects of the contract that you and your lawyer should review carefully to make sure you understand all that it entails.
Answer:
As competition increases, traders must offer certain advantage to their clients, e.g. lower prices, credit sales, longer payment terms, etc., which end up benefiting their clients, and also traders will be willing to relinquish some of their gains to keep existing clients.
This is exactly the same thing that occurs in a given market when the number of suppliers increases, decreasing the equilibrium price and increasing consumer surplus.
Answer:
The correct answer is a. True.
Explanation:
A company may use several different cost drivers to allocate its indirect costs. In ABC system indirect cost/FOH are divided into various activities that is material procurement, inspection and maintenance cost and cost is allocated to each product based on different cost driver assign to each activity. The cost drivers for above specified cost activities can be number of purchase orders, inspection hours and number of break downs respectively.
Answer:
The Price-earnings ratio is 14.88 (to two decimal places)
Explanation:
The Price-earnings ratio (P/E ratio) is a measure of the relationship between a company's stock price and its earning per share of issued stock. Mathematically, P/E ratio is calculated by dividing a company's current stock price by its earnings per share:
P/E ratio = current stock price ÷ earnings per share
current stock price = $59 per share
Earning per share = ???
Next we are going to calculate the earnings per share (EPS) by using the following formula:
EPS = (net income - dividend paid) ÷ (number of shares outstanding)
EPS = (275,132 - 48,300) ÷ (57,200)
EPS = 3.966
∴ P/E ratio = current stock price ÷ Earning per share (EPS)
P/E ratio = 59 ÷ 3.966 = 14.876 = 14.88 (to two decimal places)
