Answer:
This is false. buying a franchise is expensive, as it involves buying the rights of a business from the business owners, who are commonly referred to as ''franchisiors".
Explanation:
Ravi would not be able to run the franchise business the way he wants as the Franchisiors determines the business model and procedures. Hence, he would have a limited control on the business. Thus, I would advise Ravi to avoid going into a Franchise business, if his motive is to be his own boss and have control on his business.
Answer:
a. $20,000.
Explanation:Gross profit is a term used in the business Organisations to describe the total amount earned from the business activities of an organisation after deducting the total cost incurred which includes the total fixed cost and the total variable cost.
Deductible expenses is the total amount of cost that can be deducted from the business activities of an organisation over a given period of time.
FOR TRAIL CORPORATION ITS TAXABLE INCOME IS $20,000 DERIVED FROM DEDUCTING $180,000 FROM THE SUM OF $140,000 AND $60,000.
An in-depth understanding of ethics is important to the long-term viability of business because unethical decisions will negatively and directly impact all of the following except "the business's number of products".
<u>Answer:</u> Option D
<u>Explanation:</u>
Business growth is immensely dependent upon the ethics followed by business owner, employees and other staff. Business need sufficient trust among business partners, employees, staff, executive, suppliers and customers.
A single unethical decision can act as a weapon to spread negativity which have direct impact on customers, suppliers and image of business in market but not in number of products manufactured by a firm. All kind of business may phase ups and down, its a cycle but maintaining ethics in decision making should remain same otherwise the cycle may get stuck into down phase for long time.
<span>b. 3.00 is the answer, I believe!</span><span />
Answer:
B) Liability of foreignness
Explanation:
Liability of foreignness refers to the extra costs that a firm might incurr when operating in a foreign country.
This can results from a lack of knowledge of the host country's laws, regulations, culture, customs, etc.
For example, if an American company starts operations in for example, France, it will have to hire legal advisors, because the French legal system not only is different from Common Law in principle, but also because it is very complicated, with thousands of regulations. This represents a loss of competitiveness, and a handicap when competing against French companies.
