Answer: Market the product in it's name.
Explanation:
A franchise is an arrangement to run a business under an existing business name to leverage on the name success for a high performance in return for a fee payable to the existing business name used for ones operations.
If there is a high level of PERCEIVED RISK, then consumers will take more time and effort in making a decision.
Think for example buying a house versus buying a soda.
There is not much thought needed when you are buying a soda. Choose which brand and what size, you are done.
When buying a house, because it is both more complex and more expensive, there is a greater perceived risk of losing money. When buying a home, it is a large investment and carries much risk, therefore the consumer will take more time and effort evaluating the purchase decision.
Answer:
Explanation:
A monochronic culture, values preciseness, emphasize schedules, punctuality, and preciseness. Monochronic cultures like to do just one particular thing at a time and they value orderliness and do not like to be interrupted unlike the Polychronic cultures which like to do several things at the same.
Based on this, Antonio believes this strategy is the best way to conduct business and is very comfortable following his own approach. Antonio can be described as adopting an monochronic culture.
Answer:
There should not be any affect on accounting equation of Brooksa Landscaping.
Explanation:
To understand this concept we need to look at what actually is accounting equation is. Accounting equation is:
Assets = Liabilities + owners equity
So, if Brooks landscaping performs a service in May, it can recognize its revenue in month of May but instead of balancing it with cash it will be balance against trade debtors ( trade receivables). Therefore, the amount of assets will remain same even when payments are received in the month of June as it will be balanced out by crediting trade debtors and debiting cash. Hence, it can be seen that accounting equation remains unaffected due to this delay in actual payment.