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Rus_ich [418]
3 years ago
6

In a franchise business, the party paying the franchise fee is known as the a. franchisee.b. franchisor.c. entrepreneur.d. busin

ess owner. e. manager
Business
1 answer:
Scilla [17]3 years ago
8 0

Answer:

a. franchisee

Explanation:

Franchisee -

A franchises referred to a small business , and is very common method of doing any business .

The owner of the business i.e. , franchises , is referred to as the franchisee .

The franchisee has the right to take decision of the business like , using trademark of the business , proprietary knowledge , sell the brand and associated brands .

They are responsible to pay the franchise fee.

Hence , from the given statement of the question,

The correct option is a. franchisee .

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3 0
1 year ago
The opportunity cost of doing or getting something is best and fully defined as:
Marysya12 [62]

Answer: The correct answer is C. The value of the best alternative that is given up in order to do or get something.

Explanation: Opportunity cost literally means alternative thing forgone - meaning what is given up to get something <em>(sacrifice</em>). It is a concept used by economists to allocate limited resources for production, consumption, distribution and exchange of goods and services. Production of goods or services entails the creation of value. In other words, it gives a more understanding on how limited resources are allocated in order to satisfy the human insatiable desires.

For example, a student may be constrained with limited amount of pocket money, say $100 and the student wants to buy textbooks that cost $10 each or go for different outings going for $20 each. In this scenario, the student has different options: a) buy 10 textbooks and 0 outing b) buy 8 textbooks and a outing c) 6 textbooks and two outings d) 4 textbooks and three outings e) 0 textbooks and five outings. For the student to have any more of the other, he has to give up the other unit. What is given up is called opportunity cost.

6 0
3 years ago
A bachelor's degree is earned at a ___.
Oksi-84 [34.3K]

Answer: four year college

Explanation: online

7 0
3 years ago
For advertising strategies to be effective, they must work within the confines of the overall marketing strategy. T/F
dedylja [7]

Answer:

The correct answer is True.

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Using this information, determine the benefit customers want, what they are willing to pay and how you can differentiate the product or service from the competition.

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3 years ago
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Ronch [10]
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