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Montano1993 [528]
3 years ago
8

What is the real advantage to a franchise? They already have all of their signs and menus prepared. When a company is able to of

fer a good product and enjoy strong customer demand, a franchise owner not only is able to take advantage of the corporate identity but its strong customer base, as well. There is no advantage to a franchise. Franchises make certain that yours is the only franchise outlet in the state.
Business
2 answers:
11111nata11111 [884]3 years ago
6 0

Answer:  When a company is able to offer a good product and enjoy strong customer demand, a franchise owner not only is able to take advantage of the corporate identity but its strong customer base, as well.

A franchise is a kind of a license which allows the party who acquires it (franchisor) access to an business' (franchisor's) proprietary knowledge and processes  in order to sell products or provide services under the franchisor's name.

A franchisee associates itself with a well proven business model and gains access to the franchisor's customer base. Additionally, the franchisor provides  assistance by training the franchisee and his personnel to provide a uniform product or service experience to customers across all the stores.

All these factors help in eliminating business risk and this constitutes a real advantage to a franchise.

SCORPION-xisa [38]3 years ago
6 0

Answer:

The correct answer is B, When a company is able to offer a good product and enjoy strong customer demand, a franchise owner not only is able to take advantage of the corporate identity but its strong customer base as well.

Explanation:

Franchising is a concept of marketing used to expand the businesses. The owners of the business give licence of their brand name, intellectual property, use of business products, and the rights to sell the branded products to the franchiser.  This is a technique of expanding businesses. Business owners can't open their main offices in all the areas of the city, thus they give the licence to the franchiser and expand their business in this way.

So the franchiser enjoys the already settled brands of the company. And if the owner company offers some good products, the franchisers are directly benefited from their decisions.

You might be interested in
Keynesians a. advocate for a laissez-faire approach. b. believe that equilibrium may exist at less than full employment.c. belie
Olin [163]

Answer:

c. believe in the use of fiscal policy to stabilize the economy.

Explanation:

According to Keynesian theory, the sum of some micro-economic behaviors of all individuals and businesses results in inefficiency and the economy operates at a level below its potential output and growth. When total demand for products is insufficient, the economy enters a crisis and unnecessary unemployment arises due to defensive behavior of the producers. In such cases, the government may pursue policies to increase aggregate demand, and as a result may accelerate economic activities and reduce unemployment. Most Keynesian propose policies to stabilize the business cycle. For example, when the unemployment level is too high, the state can pursue a growth-oriented monetary policy.  , one of the most famous of his critiques, Keynes argues and did not agree with "The Laissez-faire" that he opined  the doctrines of laissez-faire are dependent on some extent on a case-by-case basis.

8 0
3 years ago
A marketing channel is defined as a group of individuals and organizations that
lisabon 2012 [21]

Correct/complete Question:

A marketing channel is defined as a group of individuals and organizations that

a. consumes about one-half of every dollar spent on products in the United States.

b. directs the flow of products from producers to customers.

c. links producers to other marketing intermediaries.

d. manages transportation and warehousing functions.

e. takes title to products and resells them.

Answer:

B, directs the flow of products from producers to customers.

Explanation:

A marketing channel refers to the persons and activities that are involved in the movement or transfer of goods from the manufacturer to the consumer within the supply chain.

It can also be said to a network of distributing good and services

I hope this helps.

3 0
3 years ago
At the beginning of the year, accounts receivable were $45,000 and the allowance for bad debts was $4,200. During the year, sale
Arisa [49]

Answer:

Ending balance in accounts receivable = $57,400.00

Explanation:

given data

accounts receivable = $45,000

bad debts = $4,200

sales = $180,000

to find out

balance at the end of the year for the Allowance for Bad Debts

solution

we know here at Beginning accounts receivable balance is = $45,000.00

and  Accounts written off = $2,600.00

so Subtotal is $45000 - $2600  = $42,400

and

so Ending balance in accounts receivable is

Ending balance in accounts receivable = subtotal + Credit Sales - Collection from receivable    

put here value

Ending balance in accounts receivable = $42,400 + $180,000 - $165,000

Ending balance in accounts receivable = $57,400.00

4 0
3 years ago
Consider the market for portable air conditioners in equilibrium. a summer of unseasonably cool weather would cause:______
Julli [10]

Consider the market for portable air conditioners in equilibrium. A summer of unseasonably cool weather would cause both the equilibrium price and quantity to decrease. A market-clearing price, often referred to as an equilibrium price, is the consumer cost associated with a good or service when supply and demand are equal or nearly equal.

The manufacturer or vendor is free to transfer as many units as they like, and the consumer is free to access as many units as they like. By setting the supply function to equal the demand function, Qs = Qd, you may determine the equilibrium price.

To learn more about equilibrium, click here

brainly.com/question/14480835

#SPJ4

4 0
1 year ago
PLEASE HELP!!!!!! Click this link to view O*NET’s Wages and Employment section for Farmworkers and Laborers, Crop.
dsp73

Answer:

D

Explanation:

I just did it

8 0
2 years ago
Read 2 more answers
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