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balu736 [363]
3 years ago
14

What type of contractual system describes a situation where assistance in selecting the location, setting up the store or facili

ty, advertising, and training personnel is provided by the parent company?
a. administered system
b. conglomerate system
c. franchise system
d. vertical integrated system
e. retail-sponsored cooperative
Business
1 answer:
Tomtit [17]3 years ago
8 0

Option C,  Franchise system

Explanation:

A vertical contract marketing system is used in which companies work together to create higher economies or shipments, at different manufacturing and distribution rates than they do on their own.

The site owner does not handle and handles the location in which their products or services are served daily by the consumers in a franchise system. The job of the franchisee is to serve the customer.

McDonald's, KFC, Famous Amos, Starbucks Coffee and Dunkin ' Donuts are well-known examples of market style franchise. The franchisee offers operations knowledge, software and/or processes to operate the company as a form of service agreement.

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The Edward City Council approved and adopted the budget for its general fund for the fiscal year beginning on January 1, Year 2.
Gala2k [10]

Answer:

A.No entry is required

B.No entry is required

C.No entry is required

D.No entry is required

Explanation:

The Edward City Council

1. Record the journal entries for November 1, Year 1, if any.

No Entry Required

2. Record the journal entries for November 30, Year 1, if any.

No Entry Required

3. Record the journal entries for December 1, Year 1, if any.

No Entry Required

4. Record the journal entries for January 1, Year 2, if any.

No Entry Required

4 0
3 years ago
Identify which principle applies to each scenario by placing the appropriate label next to each scenario.
tatyana61 [14]
<span>Each scenario refers to some label. The labels are placed with a different order. We need to arrange them by checking the possibilities. Labels most probably matches with one scenario each or it can be many. If labels are less in numbers than the scenarios then it can be matched with multiple scenarios.</span>
6 0
3 years ago
A sales rep is on a phone call with a prospect who likes to control the conversation. The constant interruptions make it hard fo
belka [17]

The sales rep on a phone call with a prospect controlling the conversation should do the following first:

  • a) Ask the prospect what she hopes to get out of the call to encourage her to re-focus.

<h3>Why does a phone call with a prospect matter?</h3>

The phone call should be used to pitch the firm's products and services to meet the prospect's pain points.

To make the phone call successful, the sales rep should take these steps:

  • Develop a clear goal for the sales call.
  • Ask relevant questions, giving the prospect more opportunity to talk.
  • Discover the prospect's pain points.
  • Utilize every opportunity to pitch the firm's brand.

<h3>Answer Options:</h3>

a) Ask the prospect what she hopes to get out of the call to encourage her to re-focus

b) Tell the prospect that to work together well, she needs to follow the rep's call structure

c) Incorporate what the prospect says into his talking points when there's an opening

d) Offer to set up an in-person appointment to discuss the sales process in more detail

Thus, the first action of the sales rep in such a situation is <u>Option A</u>.

Learn more about making sales pitches and calls at brainly.com/question/6890728

7 0
2 years ago
New Doors Corp. has $375,000 of total assets, and it uses $187,500 of total shareholder's equity capital. Its sales for the last
Maslowich

Answer:

Profit margin (PM) the firm needs in order to achieve the 15% ROE: a. 5.41%

Explanation:

The profit margin reflects a company's overall ability to turn income into profit, is calculated by formula:

Profit margin = Net income/Net sales

The return on equity (ROE) is calculated by following formula:

ROE = Net income/shareholder's equity

New Doors Corp. uses $187,500 of total shareholder's equity capital and gets the return on equity (ROE) up to 15.0%

Net income = ROE x Shareholder's equity = 15.0% x $187,500 = $28,125

Profit margin = $28,125/$520,000 = 0.0541 = 5.41%

6 0
3 years ago
A customer has an existing margin account that shows the following: Long Market Value: $100,000 Debit Balance: $60,000 If the ma
skelet666 [1.2K]

$36,000? I didn't really understand the question.

7 0
3 years ago
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