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egoroff_w [7]
3 years ago
11

Distinguish between a change in the quantity demanded and a change in demand

Business
1 answer:
kirill [66]3 years ago
7 0
Change in quantity demanded is that people want to buy more of something. Change in demand is that more people want to buy something
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Joseph runs a popular cafeteria chain. He currently has three branches in the city. He plans to enter a franchise contract with
vekshin1

Answer:

B. business format franchise

Explanation:

Under the business format model, the franchisee adopts the entire business operating systems of the franchisor. It means that the franchisee uses the franchisor's trademark, plans, and procedures. Goods and services offered by the franchisee will be identical and will bear the same prices as those of the franchisor.

Joseph plans to operate a business format model of a franchise. The franchisee will have to meet Joseph's standards of operations. For that to happen, Joseph must provide the following.

  1. Initial training
  2. Standardize build-out plans
  3. Operations manuals
  4. Continuous support
  5. Point-of-sale system education
  6. Key functionalities

Joseph has a responsibility to ensure the franchisee adhere to the standards agreement. It means he will have a supervisory role in management for the franchisee.

In return, Joseph will be earning commissions from each franchisee based on the income of each of them.

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3 years ago
When might be the best time to start saving for retirement?
Vilka [71]
When you 40 some I think
7 0
3 years ago
Which statements are true of a white dwarf?
Snezhnost [94]

Answer:

- it is the result of the core collapse of a low-mass star that sheds its outer layers.

-it cools down to become a black dwarf.

Explanation:

because its right, alright.

(PLATO)

8 0
4 years ago
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Why do you think researchers chose to begin with cigarette smokers opposed to other types of addiction ?
tester [92]

Since smoking is very popular. (1 billion people smoke) It would be very important if they start with researching about smoking, so they can hopefully reduce the amount of smokers in the world.

4 0
3 years ago
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What are deficient products? products that have neither immediate appeal nor long-run benefits products that give high immediate
Lisa [10]

Answer:

Products that have neither immediate appeal nor long-run benefits

Explanation:

A product represents a bundle of utilities created by a producer to satisfy a want.

A deficient product as the name suggests, would refer to such products which are deficient in attributes that represent a customer want and the ones which fail to satisfy customer wants.

Those products who do not conform to a particular quality standard or whose performance is below par as per customer expectations would be termed as deficient products.

Sometimes, organizations deliberately create deficient products so as to induce repurchase of subsequent products depicted as improvements over the previous ones.

Such products lack current appeal and are neither expected to accrue to long term benefits.

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