Answer:
B. Franchising requires ongoing assistance from the franchiser while licensing normally involves a one-time transfer of property.
Explanation:
Licensing can be defined as the recognition (permission to practice) given to an individual by a regulatory agency or government for meeting a set of pre-defined requirements and after passing a license examination.
On the other hand, franchising is a business format that involves issuing or granting a license, consisting of a contractual arrangement between a parent company (franchiser or franchisor) and another (franchisee), that allows individuals or an organization access to its knowledge, processes, trademarks in order to provide a service.
Hence, the difference between franchising and licensing is that, franchising requires ongoing assistance from the franchiser while licensing normally involves a one-time transfer of property and the beneficiary continues with the operation of the business to his or her own preference.
Answer:
1. False
2. False
3. d. centralizing its decision making to better control its total quality management program
4. a.
5. True
Explanation:
1. Remember, a skimming strategy does the opposite–where a company chooses the highest possible price not the lowest price for their product when entering the market.
2. Indeed, this has impacted on production techniques in recent years. For example, from labour intensive car factories in the past we now have fully automated car factories that require very few workforce.
3. Remember, centralization results when there are fewer people in the line of authority. Therefore, if Brights Electronics decision to reorganize and significantly trim its middle management would result in centralized decision making and a better control its total quality management program.
4. Note that the promotional mix involves target based marketing, therefore each target market may have unique characteristics. And to attract each target market would involve establishing a promotional strategy that can reach multiple targets rather than developing a separate promotion mix for each target group.
5. An inverted organization is one that has a reversal from the normal line of authority found in most organization. Instead of top to bottom it now bottom to top. This implies that the manager who normally would play major role in deciding strategies to be taken doesn't, but the bottom line employees performs that responsibility. Thus, School Days Center can be rightly called an inverted organization.
Answer:
It is the responsibility of the student to notify the DSO within 5 business days of any changes to the employment status.
Answer:
The Correct option is B
Explanation:
At the point when the teacher sends the email, it is not common knowledge that the both of you would meet tomorrow because the email she sent is private and only between the both of you. It becomes common knowledge if the information was passed across in a less private circumstances. Thus, according to game theory, the correct option is B.
Answer:
Collaborative problem-solving abilities
Explanation:
This ability will help the new employee to communicate effectively with the team members and also contribute towards solving problems related to production processes. This skill is critical for the success of the team as well as the team members and the business at large.