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erica [24]
3 years ago
11

Like many entrepreneurs, troy smith started sonic as a sole proprietorship, then took on a partner, and eventually offered franc

hises. what advantages did he enjoy at each stage of sonic's development? what disadvantages did he face
Business
1 answer:
Montano1993 [528]3 years ago
7 0

First Stage: Sole Proprietorship

In the early stage of development, Troy Smith started Sonic as sole proprietorship. The advantage in this stage was that he was making all business decisions to himself. While the disadvantage was that he was not having help with things when needed thus causing his first ventures to fail

 

Second stage: Partnership

The advantage in this scenario was that Troy Smith is now having help with things like and he can focus his attention in improving the business operations while his partner focus primarily on sales. The greatest disadvantage now is that he has to share the profits of the business.  

 

Third stage: Franchise

The business can now continue to grow while maintaining all the same qualities the company was started with. The disadvantage would now be Troy Smith would have limited control over the success of that particular franchise.

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Answer:

2. second-price, sealed-bid auction.

Explanation:

In the given situation, it is mentioned that there is 25 risk -neutral bidders that contains the affiliated values and the same is to be allocated between $0 and $500 million

So, here the type of an action that could maximize the expected revenue is the second price i.e. sealed bid auction as in this the bidder provides the maximum price that received the good in the second maximum price

Therefore, the second option is correct

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3 years ago
At an auction sale, the buyer is the party making the offer, or bid. <br> a. True <br> b. False
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A. true the buyer is the party making the offer
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Most consumers wouldn’t drive very far to buy a pack of gum since it’s a lost-cost item that is often bought on impulse. Therefo
julia-pushkina [17]

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The correct answer to the following question is distributing the product intensively.

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An item like gum which can be said to be lost cost item , should be distributed intensively , so that this product is always readily available to the consumers . For a product like this, people are not going put so much effort in to it ( like driving long way ), to buy this product which consumers often buy on the impulse. Consumers don't plan long ahead to buy a pack of gum , they just do it when they feel like they want to chew a gum , so its important that product like this should be intensively in the market.

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Deposit accounts, Investment Property, and Letter-of-credit Rights. Thus option (A) is correct

<h3>What is the investment?</h3>

Investment is the ceremonial of money to purchase an asset to attain an increase in value over a time period of time. Investment requires a sacrifice of some present quality, such as time, medium of exchange, or effort. In finance, the purpose of investing is to generate a return from the invested asset.

Whether or not there is a current obligation to be secured, a person who has the benefit of the security interest generated by or provided for under a security arrangement is known as a secured party under UCC law. when the secured party is in possession, a duty of care.] A secured party must take reasonable care to keep the collateral it has in its possession safe unless subsection (d) provides otherwise.

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