Answer:
option c i.e. g=11.81%
Explanation:
growth can be obtained by using given relation:

where
D IS DIVIDEND = 2.25
current price = $60
rate of return = 16%

0.16= 0.0375(1+g)+ g
g=11.81%
Franchising is the practice of paying a company to use its name, resources and operation systems.
Answer:
1 motorcycles should be forbidden
2 bicycles should not be forbidden
3 children's pedal cars, and battery-powered remote-control cars should not be forbidden from pathways
Explanation:
1. motorcycle: these emit gases into the air that are not fit for the environment. apart from causing pollution, they are a source of noise pollution and they could cause accidents in the parks. therefore they should be banned.
2. bicycles: bicycles are manually powered, they should not be banned in the park because they are not a source of noise pollution and neither do they pollute the environment. riding a bicycle should be encouraged as it is a good way of keeping the body fit
3. children's pedal cars, and battery-powered remote-control cars: they should not be restricted because a recreational park is the best place for children to use them. they do not bring about harms to the environment or to people.
Answer:
d. identifying local market characteristics can help the business owner better reach the market
Explanation:
Market segmentation is classifying customers into smaller groups based on various characteristics. The characteristics may include age, gender, income levels, preferences, lifestyles, and geographical locations.
Small business operates within a certain geographical area. The business owner or managers probably live in that area. The owner understands the culture, needs, and wants of the customers. The small business can, therefore, provide the goods and services that will satisfy the needs of different groups of customers.
Because a small business operates in a smaller area, its customer's needs are less likely to extremely divergent. Small businesses can, therefore, create more refine segments than a large enterprise serving customers in different regions.