There are different kinds of businesses. In a franchise system. an individual or firm contracts with a parent company to set up a business or retail outlet.
- Franchising is simply known to be a type of contractual system. It is often used to commercialize products, services or technology.
There are five major types of franchises. They are: job franchise, product franchise, business format franchise, investment franchise and conversion franchise.
A franchise (or franchising) is simply known as a process of sharing products or services involving a franchisor, who establishes the trademark of the brand of a business system, and a franchisee, who is responsible for paying a royalty under the franchisor's name and system.
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<h2>be prepared to treat your coworkers in the same way you always have
</h2>
Explanation:
a. be prepared to review the keys to being a good manager
:
Review is always good and it will not yield any negative consequences.
b. be prepared to learn your new responsibilities
:
This definitely needs to be done because you are becoming the boss of what you were doing before and there will be additional responsibilities according the roles. This would yield only positive impact.
c. be prepared to treat your coworkers in the same way you always have
This is one of the risky sentence where the given action might put you in trouble and create negative impression. If you treat your coworkers the same, then the coworkers might not do their work properly or have some negligence which would create negative consequences.
d.
be prepared to prove that you are the best fit for the job:
This would yield only positive impact.
Blog Inc., has net sales of $50,000, cost of goods sold of $30,000, and selling expenses of $5,000. Its gross profit is $20,000.
<h3>What is gross profit?</h3>
Gross profit is the profit of a company or an entity after subtracting all the costs that are related to manufacturing and selling its products or services.
Explanation:- Gross Profit = (Net Sales – Cost of Goods Sold)
= ($50,000- $30,000)
= $20,000
Hence, the gross profit of the Blog Inc., would be $20,000.
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Answer:
Consider the following thoughts
Explanation:
- No. the market is a semi-strong form of efficient.
The semi-strong form of efficiency states that the market is efficient.
- Yes, the historical information is also called as a public information.
- Weak form of efficiency is a another class of the semi-strong form of efficiency.
- If a market is strong form efficient, then it is also semi-strong and weak form efficient since all available information includes past prices and publicly available information.
- The semi-strong form also incorporates the weak form of hypothesis.
- They include event tests.
Based on the description above, the correct answer that will
describe what a process cost system is, is the first choice in which a work in
process account is maintained for each process. As process cost system is being
used in a way of collecting and assigning the cost in manufacturing in which
produces the units and that it is used when mass are being produced.