The options are:
A. leaving the current market selling a company's current products B. developing a new product C. selling in a company's current market D. selling in new as well as existing markets.
Answer:
B. developing a new product
Explanation:
Both when involved in product development strategy and diversification there will be development of a new product.
In product development strategy involves bringing new innovation to customers. New products that the market needs are developed.
In diversification strategy involves entering a new market and developing new product to get market share.
Answer:
A
Explanation:
When we talk about franchising then it comes with high cost and fee. Firstly, the franchisee need to fulfill certain requirements like specified space, Dining capacity etc. Then franchisee needs pay franchise fee. So to fulfil the specific requirements to attain the franchise, the cost is high. Franchisor, to maintain the brand name apply certain specific requirements on number of diners, space, type of dishes etc. They all comes with high cost. Also the franchise fee will be high as written in question that its successful fast food chain.
After business starts, the franchisee needs to pay certain amount to franchisor every month in terms of ROYALITY.
So, WHen we talk about franchise it comes with high cost.
520.83 cents take the amount divide it by 12 then 2.
Answer:
Option (B) is correct.
Explanation:
Wendell's total stockholders' equity increase during the recent year of operation:
= Issued common stock - Cash dividend declared + Net Income - Stock dividend distributed + Sale of treasury stock below cost
= $50,000 - $20,000 + $70,000 - $23,000 + $7,000
= $84,000
Therefore, Wendell's total stockholders' equity increase by $84,000.
