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Art [367]
3 years ago
13

Luxere Hotels International, an American company, sells the rights to other hospitality companies globally to open hotels with t

he Luxere name for a fee and a share of the profit, in return for using Luxere's brand name and a package of materials and services. Luxere is engaged ina.franchising b. importing c. offshoring d. exporting e. countertrading
Business
1 answer:
KatRina [158]3 years ago
8 0

Answer:

Luxere is engaged in a. Franchising

Explanation:

Franchising is an agreement between two parties or companies, say company A and company B, where company A is the business owner and company B wants to acquire company A's business rights and trademark.

Company B will go to company A and offer to acquire some level of access to the business in return for a fee known as licensing fees.

As can be observed in the question above, Luxere Hotels is carrying out Franchising in order that itself (the franchisor) and the other hospitality companies (the franchisees) will both share in the profits of the agreement.

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You buy a new piece of equipment for $7,360, and you receive a cash inflow of $1,000 per year for 10 years. what is the internal
-Dominant- [34]
The internal rate of return is

6%
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3 years ago
Mervon Company has two operating departments: Mixing and Bottling. Mixing has 350 employees and Bottling has 350 employees. Indi
krok68 [10]

Answer:

Allocated administrative cost for mixing is $81000

And allocated administrative cost for for bottling is $81000

Explanation:

We have given total number of employs for mixing = 350

And total number of employs for bottling = 350

Administrative cost = $162000

So total number of employs = 350+350 = 700

So allocation base for mixing =\frac{350}{700}=0.5

So allocated amount for mixing = 0.5×$162000 = $81000

Allocation base for bottling = =\frac{350}{700}=0.5

So allocated amount for bottling = 0.5×$162000 = $81000

3 0
3 years ago
Why is it important to invest
Svetradugi [14.3K]

it's important to invest so you can have a better life once that thing you invested in makes you money and not all of them do so keep that in mind

3 0
3 years ago
Assume $1,000 is deposited in a checkable account by mr. y in bank
otez555 [7]
Hi there

1,000÷0.20
=5,000

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=4,000....Answer (this is the total amount of money can be created)

Hope it helps
4 0
3 years ago
______ is a structured program in which a high-potential trainee is groomed for a management position through a carefully design
vitfil [10]

Answer:

Management training program.

Explanation:

Management training program is a structured program in which a high-potential trainee is groomed for a management position through a carefully designed sequence of short-term job transfers and rotations, gaining experience with various parts of the business, often with increasing levels of challenge and responsibility.

Basically, it is a structured program which is typically designed and focused on improving a high-potential trainee's skills such as communication, listening, empathy, oratory abilities, etc, in order to make them to be more productive, valuable, an effective leader, and leverage on new opportunities that would help the organization achieve success in their set goals and objectives, as well as enhance their competitive advantage over rivals in the industry.

7 0
4 years ago
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