A debtor<span> is someone who owes a financial obligation (a “debt”) to another, known as the </span>creditor<span>. An example of a </span>debtor-creditor relationship<span> is where a bank lends money to an individual or company, on the basis that the money has to be paid back at some point to the bank</span>
Approximately 5% of franchises fail because survey's show about 95% success rate still in business.
Supervisor must make more adjustments
Answer:
the industry is oligopoly.
Explanation:
The four-firm concentration ratio calculates the market share of the 4 largest firms in an industry
If the concentration ratio is between 0 - 50%, the firm is a pure competition
If the concentration ratio is over 60%, the firm is an oligopoly
A concentration ratio of 100% indicates that the firm is a monopoly.
I hope my answer helps you