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3 years ago

Once a business owner proves that a franchise is successful, his or her franchise will automatically be renewed True or False?

Business

2 answers:

sladkih [1.3K]3 years ago

6 0

That statement is false

Even if the business owner is successful in managing the franchises, that owner still needs to talk to the franchise owners for re-negotiation. During the re-negotiation, the term of agreement might be changed to accommodate the increasing revenue, numbers of customers or business expansion.

Usimov [2.4K]3 years ago

5 0

The answer is False:)

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Which one of the following statements concerning venture capital financing is incorrect? Multiple Choice Venture capitalists des

ziro4ka [17]

Answer:

The incorrect statement about Venture capitalists is:

Venture capitalists usually assume active roles in the management of the financed firm.

Explanation:

Venture capitalists are high net worth individuals with managerial competence or experience seeking for new businesses to invest in. In exchange, they ask for an equity stake in the company they finance.

Venture capital financing is the type of funds that are given to invested into viable businesses in their budding stage by investors that see long term growth potential in them. it is a form of private equity.

Venture Capitalist never assume active roles in the management of the financed firm. however, if they have the technical know how, they may pitch in passively from time to time to advice.

3 0

3 years ago

The definition of Not Utilizing Staff Talent in the Eight Wastes refers to a. making more than the customer wants or more than y

motikmotik

Answer:

d. not encouraging employee ideas or undermining their efforts.

Explanation:

Human resources management (HRM) can be defined as an art of managing, controlling and improving the number of people (employees or workers), functions, activities which are being used effectively and efficiently by an organization.

Hence, human resources managers are saddled with the responsibility of recruiting, managing and improving the welfare and working conditions of the employees working in an organization.

The definition of Not Utilizing Staff Talent in the Eight Wastes refers to not encouraging employee ideas or undermining their efforts.

6 0

3 years ago

Deductible transportation expenses: a.Do not include daily expenses for transportation between the taxpayer's home and temporary

ad-work [718]

Answer: c. Do not include the normal costs of commuting

Explanation: deductible expenses do not include the normal costs of commuting. Deductible expenses can be subtracted from a company's income before it is subject to income tax. Therefore they reduce tax liability. Utilities, wages, rent, auto expenses, meals and entertainment, some business expenses such as advertising, employee benefits, insurance etc. are examples of expenses that can be deducted from a company's income.

3 0

3 years ago

A tile manufacturer has supplied the following data: Boxes of tiles produced and sold 520,000 Sales revenue $ 2,132,000 Variable

svetoff [14.1K]

Answer:

unitary contribution margin= $2.52

Explanation:

First, we need to calculate the total variable cost:

Total variable cost= Variable manufacturing expense + Variable selling and administrative expense

Total variable cost= 560,000 + 260,000

Total variable cost= $820,000

Now, the unitary variable cost and the selling price:

unitary variable cost= 820,000 / 520,000= $1.58

Selling price= 2,132,000 / 520,000= $4.1

Finally, the unitary contribution margin:

unitary contribution margin= selling price - unitary variable cost

unitary contribution margin= 4.1 - 1.58

unitary contribution margin= $2.52

7 0

3 years ago

Construction contracts often include a provision awarding damages to the buyer at "X" amount of dollars per day for each day the

jekas [21]

Construction contracts often include a provision awarding damages to the buyer at "X" amount of dollars per day for each day the builder is late in completing the work. The parties to the contract agree on this amount in advance because they know the buyer will incur added costs, or will lose profits, because of the delay. If the amount fixed for the damages is unreasonably high, the court will consider it a Penalty and will not enforce it.

Explanation:

"Construction Contract" can be defined as a combination of various individual documents which focuses on the different aspect of the project, or it can also be a multi-page document which contains various sections that offers details on different aspects of the agreement.

A construction contract includes

Name of contractor and contact information.
Name of homeowner and contact information.
It describes property in legal terms.
The various list of attachments of the contract.
The cost involved
Description of the work and its completion date.
Right to stop the project.

7 0

3 years ago