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kodGreya [7K]
3 years ago
14

Henry runs moonlight café, a world renowned fast-food restaurant, in his locality. he started the restaurant after getting a lic

ense from moonlight café and by regularly paying it a fee for the right to use its brand name, products, and methods of operation. henry most likely operates a(n) _____. a chain store b warehouse club c franchise d independent retail store
Business
1 answer:
m_a_m_a [10]3 years ago
7 0
Henry most likely operates a franchise. Franchise is a type of license - <span>an authorization granted by a government or company to an individual or group. the agreement enabling them to carry out specified commercial activities, for example acting as an agent for a company's products. In this case the activity is operating the Moonlight cafe.</span>
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Miller Company makes two types of chairs. One of the chairs is a rocking chair. The other is a straight-back chair. Both chairs
laiz [17]

Answer:

C. straight back chairs will be overcosted

Explanation:

Miller Company makes two types of chairs. One of the chairs is a rocking chair. The other is a straight-back chair. Both chairs are made by hand. Miller Company uses a company-wide overhead rate that is based on direct labor hours to assign overhead costs to the two products. If Miller automates the production of straight-back chairs and continues to use direct labor hours as a company-wide allocation basis:

A. rocking chairs will be undercosted

B. There should be no impact on unit cost  

C. straight back chairs will be overcosted

D. rocking chairs will be overcosted.

EXPLANATION

If Miller automates the production of straight-back chairs and continues to use direct labor hours as a company-wide allocation basis then the straight back chairs will be overcosted<u> because the automation process directly implies that it no longer drives labor hours since it is no longer made by hand.</u>

Automated processes should use machine hours rather than labor hours, for the allocation of its overhead.

8 0
3 years ago
Read 2 more answers
Most economists A. apply the assumption that people rarely behave as if they act rationally although they do aim to maximize uti
aleksklad [387]

Answer:

The correct answer is letter "C": apply the assumption that people behave as if they act rationally with an aim to maximize utility.

Explanation:

The theory of rational expectations is mainly used in macroeconomics, with the idea that decisions of individuals will affect the future course of the economy. According to this theory, people's behaviors are based on <em>rationality, all the information that they have available, </em>and <em>past experiences. </em>

Some of the rational expectations theory's premises are that <em>people hold expectations that will be met, variables values (price, output, and employment) are taken into account, </em>and <em>individuals are always trying to maximize their profits.</em>

3 0
2 years ago
Riley obtains permission from Saga Company to use the firm's game app on Riley's smartphone, tablet, and other mobile device. Bu
77julia77 [94]

Answer:

A License

Explanation:

Riley obtains permission from Saga Company to use the firm's game app on Riley's smartphone, tablet, and other mobile device. But Riley does not obtain ownership rights in the app. This is  a license. When any organization gives its rights to another firm under this type of contract, the ownership rights always remain with the parent company and licensee can't have ownership rights in any way, they can use only the name and products of that parent company to the customers, but ownership held with the parent company. For example, when Burger King and Pizza Hut gives the right to make and sell their products all over the world, the ownership rights are always reserved with the Burger King and Pizza Hut.

7 0
3 years ago
In which statement(s) is "demand" used correctly?
bixtya [17]

Answer:

its Two

Explanation:

6 0
2 years ago
fitness center is planning to invest in specialized exercise equipment. This equipment is highly effective, but the club members
cricket20 [7]

Answer:

b. job and technical training

Explanation:

The job and the technical training is the training which is to be provided by the company or the centers  to the workers or the people who want to trained in a particular service or specialized in a service  in order to get a better and satisfying job through which they can build their career in a better way  

In the given situation, the fitness center send the instructors to the certified training program to learn how to use these machines correctly that reflects the job and technical training

8 0
2 years ago
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