Answer:
Option (B) is correct.
Explanation:
An import quota is defined as the restriction on the imports from the other nations. It is the direct restriction on the quantity of goods imported from the other countries. This restriction takes place to protect the domestic producers of the home nation from the foreign competition.
For example: The united states wants to import 50,000 cars from Japan but there is an import quota of 40,000 cars. So, the consumers in the United States won't be able to import remaining 10,000 cars.
Ray Kroc provided training and support to franchisees to ensure that quality would be consistent in every McDonald's restaurant when he franchised
McDonald's that set the bar for future franchise operations.
Franchising and licensing area unit typically<span> appealing business models. </span>in a very<span> franchising model, the franchisee uses </span><span>other firm's </span>eminent<span> business model and </span>name to control what's<span> effectively an </span>freelance<span> branch of </span>the corporate<span>.</span>
Answer:
FALSE
Explanation.
Periodic inventory is a practice of inventory count that takes stock every week or month while 'continuous inventory' constantly tracks inventory levels mostly through a computerized method so that stock levels. are always known.
It is not very correct that the continuous review system is used to manage inventory associated with independent demand, while the periodic review system is used to manage inventory associated with dependent demand because most often, it is the nature of inventory that determines the method to be used and not the type of demand
Continuous inventory keeps a constant track of quantities; and is more appropriate for small unit items that could be too numerous for physical count because they are bought in large quantities. e.g. supermarkets
Periodic inventory has to be done with big items that are not too numerous like automobiles, televisions, houses and sets of furniture.
Answer:
D. have outputs that are too small to influence market price and thus take it as given.
Explanation:
In perfect competition there are large number of firms and individual contribution is less in industry output , it means that firms have output which are too small to influence the market price ans thus it is as given .
Hence ,
The firms which exhibit price - taking behavior have the output which is too small to be influenced by the market price , and therefore remains as it is .
the original price of a 2015 honda insight to the dealer is $17,995.
after rebate, the dealer will pay $16,495.
The rebate amount can be calculated as follows:
Rebate amount = Original price - Amount paid by the dealer after rebate
= $17,995--$16,495
= $1,500
therefore, the rebate amount is $1,500
