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3 years ago

Which of the following is a con of buying a franchise?

Business

1 answer:

kipiarov [429]3 years ago

8 0

Answer:

A con of buying a franchise is limited business control and creativity.

Explanation:

A franchise is an authority by a company or government to an individual or groups of people to enable them to conduct specified business activities. It is a kind of license to utilize and have access to specific knowledge about a company or organization. The entity that can purchase the franchise at a certain cost depending on the value of the franchise, in return he/she gets a license to use the franchise within the threshold of the licensing agreement.

Purchasing a franchise has it's advantages and disadvantages.One major advantage is; since buying a franchise involves buying the right to use a company's name, this is beneficial since there is a ready-made business operation. On the other hand, franchise has also a disadvantage. The major disadvantage of buying a franchise is that there is no business control since one has limited creativity with the product. The franchise always has a certain in built brand, limiting the ability of the person buying the franchise to be creative with adding or taking from the franchise.

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What is an advantage of using multimedia slides?Extensive training and publishing experience allows you to distribute basic pres

Viktor [21]

Answer:

Recall is enhanced because the audience keeps the reference material.

Explanation:

The advantage of using multimedia slides is that they enhance recall because the audience keeps the reference material. They are cheap to update and easy to use. They also always work well with other equipment and programs. A strong benefit of the multimedia slides is that it takes advantage of the brain's ability to process and connect both verbal and visual representations of any content, which leads to a better understanding of the presentation.

5 0

3 years ago

Classify Lawlor's costs as period costs or product costs. If the costs are product costs, further classify as direct material

svet-max [94.6K]

product cost ( direct materials,direct labour and manufacturing overheads).

It is a combination of products cost materialize cost on assets and period cost materialist on difference income and expenses in time.please find the attachment on the differences.

Explanation:

Product cost idealizes on inventory, assets to the companies.
It has segregation direct materials product sales.
It has segregation direct labour cost maintaing products.
It has segregation of manufacturing issues with machine for products.
Period cost is an event which happens at certain point of time.
It administrative,commission and significant understanding.
Delivers different set of cost accounting.
It raises issues and exponential cost incurred.

6 0

2 years ago

Suppose that after hurricane Irene, the average income in Cape Charles, Virginia decreased by 16 percent. In response to this

SIZIF [17.4K]

Answer:

0.875

Explanation:

The income elasticity of demand measures the responsiveness of quantity demanded to changes in income.

Income elasticity of demand = percentage change in quantity demanded / percentage change in income

14% / 16% = 0.875

Demand is inelastic because the coefficient of elasticity is less than one.

I hope my answer helps you

3 0

3 years ago

On September 1, 2020, Windsor Company sold at 104 (plus accrued interest) 3,840 of its 8%, 10-year, $1,000 face value, nonconver

Rzqust [24]

Answer:

total sales value = 3,840 x $1,000 = $3,840,000 x 1.04 = $3,993,600

since each bond carried 2 detachable stock warrants, we must include in the bond issuance the value of the stock warrants = 3,840 bonds x 2 warrants x $2 per warrant = $15,360

the premium on bonds payable = total cash received - bonds payable - stock warrants = $3,993,600 - $3,840,000 - $15,360 = $138,240

the journal entry for recording the bond issuance:

September 1, 2020, 3,840 8% bonds issued

Dr Cash 3,993,600

Cr Bonds payable 3,840,000

Cr Premium on bonds payable 138,240

Cr Additional paid in capital - warrants 15,360

5 0

3 years ago

Which country in the middle east has the most crude oil?.

Gekata [30.6K]

Saudi Arabia has the most

5 0

2 years ago