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Mamont248 [21]
3 years ago
14

A _____________ is a company that has a proven business model and is willing to sell the rights to use the business model to oth

ers so that they can sell the same product or service within a given territory.
Business
1 answer:
scoundrel [369]3 years ago
6 0

Answer: Franchise

                       

Explanation: In simple words, a franchise refers to an arrangement under which one entity allows other entity to use its business models, procedures and intellectual properties etc, in return of any loyalty or other such benefit.

This is a common arrangement nowadays and is usually used by the organisations to operate their business globally.

Hence from the above we can conclude that the correct answer is franchise.

You might be interested in
Mrs. Smith operates a business in a competitive market. The current market price is $8.10. At her profit-maximizing level of pro
Luba_88 [7]

Answer:

Mrs Smith either shut down the business or invest in efficient equipements that lowers the total cost to below $7

Explanation:

The reason is that the you can not make profit if you product is sold in the market at a higher price than the competitor who offers the same product with the same features. So here, Smith can not make profits by selling the product at $8 because here total cost is $8.25 per unit.

So either she should invest in the business equipments which bring efficiencies and keeps the total costs to below $7 or she should shut down her business because the business is turned into loss making machine.

3 0
3 years ago
BlockWood Inc. has been providing raw materials to Couches Corp., a furniture company. The management at Couches recently decide
fomenos

Answer:

Forward integration

Explanation:

Forward integration is a type of business strategy in which the business activities should be carried forward for incorporating the complete production of the product i.e. from the raw material to the end manufacturing of the product along with the supply chain and its logistics. In this, the supplier of the raw material should extend the business to the end manufacturing of the product

So as per the given situation, it is a forward integration

8 0
3 years ago
In the context of management planning, _____ refers to high-level, long-term planning that establishes a vision for the company,
ziro4ka [17]

Answer:

Strategic Planning

Explanation:

Strategic plan accounts for long term <em>goals </em>and <em>vision</em> of a company. While planning strategically, leaders draw the road map for their company which solves <em>how-to questions</em> in achieving those goals. Moreover, through their set priorities, the company's <em>value</em> and <em>vision</em> would also be sorted out. As there are multiple planning dimensions, strategic planning can be differentiated from the others by identifying these 2 factors.

  1. Time Horizon: Strategic planning is done for the long term usually for 5-6 years.
  2. Formation of plan: Within the hierarchy of an organization only high-level leaders are the ones responsible to come up with strategic planning.
5 0
3 years ago
Plz help..What is a bank overdraft? ​
Oksana_A [137]

Answer:

An overdraft is an extension of credit from a lending institution that is granted when an account reaches zero. ... Basically, an overdraft means that the bank allows customers to borrow a set amount of money. There is interest on the loan, and there is typically a fee per overdraft

hope it will help you...

6 0
3 years ago
To stimulate the economy during a recession liberals will normally seek to ___________ government spending (g) for social needs
Nitella [24]

Expansionary fiscal policy is most suitable when an economy is in slump and producing below its possible GDP. Contractionary fiscal policy reduces the level of aggregate demand, either through cuts in state spending or growths in taxes.

<h3>Does an increase in government spending increase GDP?</h3>

The mix of interests doesn't affect the level of GDP, as long as the full amount paid on them doesn't change. Total spending—and thus the equilibrium level of GDP—declines.

Rental agents, landlords, and property management companies can thrive during a recession when leasing is probably to become a more attractive option, if not the only one available.

To learn about Expansionary fiscal policy visit the link

brainly.com/question/25597942

#SPJ4

7 0
2 years ago
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