The following benefits a franchisee enjoys over <u>other small business owners</u> is:
- <u>A. Franchises benefit from the successful marketing provided by franchisors.</u>
- <u>D. Franchises have a lower 5-year failure rate than other small businesses</u>
A franchise is a business that operates by using the services of a franchisor who is in charge of <u>branding the company</u> and a franchisee who uses the name of the brand to do business and <u>pays a royalty fee</u>.
<em>Small business owners</em> are people who do the marketing, branding, packaging and sales by themselves <u>without necessarily involving the services of a marketer</u>.
Some of the benefits of a franchisee over <u>small business owners</u> are the facts that:
- They benefit from the successful marketing the franchisors provide
- They have a lower failure rate after 5 years.
- Therefore, the correct answers are options A and D
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Answer:
b. control the supply of money.
Explanation:
The Federal Reserve System ( popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by Congress in 1913, and began operations in 1914. It is just like all central banks, the Federal Reserve is a United States government agency. The following are the responsibilities of the Fed Reserves System;
- It has the power to supervise and regulate banks.
- They promote public goals such as economic growth, low inflation, and the smooth operation of financial markets (monetary policies).
- The Federal Reserve is the "lender of last resort."
Hence, an important function of the U.S. Federal Reserve is to control the supply of money. The monetary liabilities of the Federal Reserve include currency in circulation and reserves. The currency in circulation includes all of the US paper currency (dollar bill) that are available in the country while reserves refers to the minimum deposits being held for the U.S Treasury and depository financial institutions by the Fed.
Answer:
Matching concept
Explanation:
This accounting principle is of the opinion that the expenses incurred in generating revenue should be matched with the revenue or income in order to ascertain whether or not profit or loss has been made,in other words,reporting only the revenue without considering the fact some amount has been incurred in a bid to generate the revenue does not a clear picture of the business underlying transactions.
It is simply aggregating like with like since costs incurred in the period are deducted from revenue in the same period.
Answer: Grapevine
Explanation: Grapevine is an informal communication network in which the information does not flow in a prescribed and rule based structure. The information flows at every direction irrespective of the level of authority.
In the given case, Jeff initiates the information flow at lunch and not in an official meeting. Similarly Judy receives the information from the HR department employee although she do no work there.
Hence the information is flowing in every direction. Thus, the correct answer is grapevine.