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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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Real-world economies get hit with lots of shocks to aggregate demand and real shocks. Categorize each scenario as an aggregate d
Reil [10]

Answer:

a)  Decrease LRAS

b)  Decrease LRAS  

c)  Increase AD

d)   Increase AD  

Explanation:

steel workers go on strike so less steel is produced : this will cause a decrease in the log run aggregate supply of steel in the economy

A tornado destroys factories in Louisiana.: this will cause a decrease in the log run supply of factory products and by-products in the economy

Consumer optimism increases.leads to an increase in the aggregate demand curve

The stock market rallies to 52-week highs increasing consumer wealth. this will definitely lead to an increase in the aggregate demand curve because with more money to spend the demand curve will increase

7 0
3 years ago
Anytown households that earn more than $75,000 tend to buy sports equipment, while households that earn less than $75,000 tend t
Tema [17]

Answer:

an electronics store

Explanation:

This is so because there is more population that earns less than $75,000 and they are people that like to spend their money on buying electronics such as TVs. So a new business dedicated to selling electronics (TVs, computers, mobile phones, and so on) could have a great opportunity with this population. More people would be attracted to visit the shop location or buying online.

Hope this answer helps you :)

Have a great day

Mark brainliest

8 0
3 years ago
Windsor, the owner of Windsor's Sandwiches contacts a new supplier Gary. He tells Gary that he will pay him $375 if Gary deliver
adelina 88 [10]

Answer:

Bilateral Contract

Explanation:

A bilateral contract is an agreement between two parties in which each side agrees to fulfill his or her side of the bargain.

The bilateral contract is the most common kind of binding agreement. Each party is both an obligor (a person who is bound to another) to its own promise, and an obligee (a person to whom another is obligated or bound) on the other party's promise. A contract is signed so that the agreement is clear and legally enforceable.

In this case Windsor promises to pay $375 and Gary promises to deliver 20 pounds of cheese.

4 0
3 years ago
Look at the map showing the European Union (EU) and its free-trade agreement (FTA) countries.
shepuryov [24]

The actual correct answer is: <u>The European Union's free-trade agreements include agreements with both developed and developing nations.</u>

8 0
3 years ago
Read 2 more answers
On January 1, a machine with a useful life of 5 years and a salvage value of $15000 was purchased for $115000. What is the depre
grandymaker [24]

Answer:

Annual depreciation (year 2)= $20,000

Explanation:

Giving the following information:

Purchase price= $115,000

Salvage value= $15,000

Useful life= 5 years

<u>To calculate the annual depreciation under the straight-line method, we need to use the following formula:</u>

<u></u>

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (115,000 - 15,000) / 5

Annual depreciation= $20,000

5 0
3 years ago
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