All categories

3 years ago

The failure rate for franchises is____________.

Business

2 answers:

RUDIKE [14]3 years ago

5 0

Answer:

The answer is c. lower than the rate for all new businesses.

Explanation:

When you start a franchise it's business risk is much lower than a new business. The parent organization supports you both financial and in terms of training and development and you have the access to and already well established brand and a market segment as well. Which makes it easier and safer.

DanielleElmas [232]3 years ago

5 0

Answer:

The correct answer is letter "C": lower than the rate for all new businesses.

Explanation:

A Franchise is a company in which one person, the franchisee, acquires access to a franchisor's proprietary information, processes, and trademarks. A franchise offers the opportunity to own a business while avoiding many of the initial obstacles. According to the United States Department of Commerce, 90% of franchises are successful compared to all other types of businesses that starts operations.

You might be interested in

Mariposa Manufacturing builds custom wooden cabinets. Mariposa Manufacturing has reported the following costs for the previous y

Rainbow [258]

Answer:

The Direct Material Costs =$ 153,740

Explanation:

Mariposa Manufacturing

Direct Material Costs are those costs that are directly used in the manufacture of the product. In manufacturing wooden cabinets , wood and hardware(slides, handles, etc) are used directly. So

The Direct Material Costs = Cost of hardware (slides, handles, etc) $ 33,800

+ Cost of wood $ 116,100 + Glue** = $ 149,900 +$ 3,840 = $ 153,740

In certain cases glue is considered an indirect material but in some it is a direct material.

WORKING:

Cost of hardware (slides, handles, etc) $ 33,800

Cost of wood $ 116,100

Depreciation on production equipment $ 31,700 (FOH)

Factory property taxes $ 17,100 (FOH)

Factory rent $ 38,900 (FOH)

Glue $ 3,840

Production supervisor salary $ 42,000 (FOH)

Sales manager salary $ 41,900

Utilities for factory $ 24,000 (FOH)

Wages for maintenance workers $ 31,500

Wages of assembly workers $ 91,500

Wages of finishing workers $ 77,800

Advertising $ 35,300

3 0

3 years ago

In the development of the ipad 3, it is very likely that apple will develop an initial ______ and then test its performance and

hjlf

In the technological sector a new product start its live as a prototype, then the enterprise use various consumer test panel to see the reaction of the potential costumers in real time environments and check how the prototype behaves. With the information gathered from the costumers tests panels the company can make adjustments improve the prototype based on the feedback of the people that actually used it and release a better final version of the product.

4 0

4 years ago

What is the most important contribution of the hawthorne studies

Sergeu [11.5K]

The Hawthorne studies taught managers that communication with the employees is essential for higher productivity and efficiency. One theory in the human relations subject which is criticised is Maslow's hierarchy of needs.

6 0

3 years ago

Hamilton company’s 8 percent coupon rate, quarterly payment, $1,000 par value bond, which matures in 20 years, currently sells a

aliya0001 [1]

The correct answer is the firm's component cost of debt for purposes of calculating the wacc is 7.32%.

4 0

3 years ago

-6x + 3y = -12 y = 2x - 4

Wittaler [7]

Hey below is an image of the solution

7 0

4 years ago