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Lina20 [59]
3 years ago
12

econ301 2. What advantages do franchise business offer nonprofit that seek side business to generate revenues to support their c

auses
Business
1 answer:
Solnce55 [7]3 years ago
6 0

<u>Explanation:</u>

A franchise business is one that allows another business (or non-profit) to carry out certain commercial activities, in a sense acting as an agent for the company.

Consider the following advantages:

1. Capital

The franchisor (the company that grants permission) may provide all the capital required to open and operate the non-profit.

2. Better-quality management. The years of experience accumulated by the franchisor may be of benefit to the non-profit. Thus, improving the quality of operations.

Other benefits include;

  • increase their speed of Growth  
  • increased Profitability
  • reduced Risk
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If a product is to be properly commercialized, there must be integration between __________ and __________. a. marketing; after-
lana66690 [7]

Answer:

Option D Research & development and marketing.

Explanation:

Because research and development helps the company transform the product and bring easeness for the company to manufacture and compete in the market due to its features. The company also requires marketing strategy that best suits the introduction of products to its users which means it is very important to market the product because new products require greater level of marketing than ordinary products.

4 0
2 years ago
Trisha's firm has filled all of its key management positions with parent-country nationals. What kind of staffing policy is this
N76 [4]

 The ethnocentric staffing policy is used in Trisha firm.

What do you mean by staffing?

Staffing refers to the continuous process of finding, selecting evaluating and developing a working relationship with current or future employees. The main goal of staffing is to fill the various roles within the company with suitable candidates.

What is importance of staffing?

If the staff are not competent, your organization will lag. But if you recruit the right kind of professionals, any company would perform other chores, such as organizing, directing, and controlling properly. It also contributes to the efficient utilization of resources.

The ethnocentric approach--------- to recruitment means that we hire people from our parent country to fill positions all over the world.

Learn more about staffing policy:

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6 0
2 years ago
Mozbert is a company that manufactures and supplies wireless headsets. It started an online advertising campaign that explains t
kotykmax [81]

In the context of innovation streams,design competition is the concept that the given scenario best illustrates.

<h3><u>Explanation:</u></h3>

When similar products are sold by many different companies there lies a rivalry between the companies which is called as competition. The main aim of all the business is to gain profit and market share. The development of the marketing strategy is mainly based on the competition that exists in the market for a product. The competition that exists with the design of the products refers to the design competition.

Innovations play a major role in the Design Competition. In the given scenario, the company Mozbert advertises for its wireless headsets with the ease of its usage and the difference from the wired headsets. Beloway, another wired headset manufacturer defends himself by giving some offers and discount for retaining his customers. Thus this is explains the concept called design competition, as the competition lies between the wired and wireless headsets.  

7 0
3 years ago
Some critics argue that socializing online is unhealthy because:
Luda [366]
C.
The main criticism is that the internet takes away from real life interaction.
8 0
3 years ago
Read 2 more answers
A well known bank stores enough money during the weekends to satisfy its customers needs. The expected average withdrawal during
Alexxx [7]

Answer:

The mean withdraw has increased during weekend.

Explanation:

Assume that the withdraw amounts are normal distributed. To test whether the mean withdrawal has increased during weekends, we take a z-test. The z-test is possible because the observed sample (weekend transactions) is greater than 30.

The null hypothesis (H_{0}) is when the mean withdrawal is greater than 550. The alternative hypothesis (H_{A}) is when the mean withdrawal is equal to 550 or smaller. At an alpha of 0.05% is selected with a two-tailed test, , there is 0.025% of the samples in each tail, and the alpha has a critical value of 1.96 or -1.96. If the z-value is greater than 1.96 or less than -1.96, the null hypothesis is rejected.

z-value = (600-550) / 70 / 36^(1/2) = 0.1190

At α=0.05, the z-value < 1.96 and > -1.96, the null hypothesis is not rejected. Therefore, the mean withdraw has increased during weekend.

3 0
3 years ago
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