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Furkat [3]
3 years ago
7

Franchise Is what type of organization

Business
2 answers:
Wittaler [7]3 years ago
8 0

Answer:

Explanation:

A franchise is a type of business that is owned and operated by an individual (franchisee) but that is branded and overseen by a much larger—usually national or multinational—company (the franchisor).

DENIUS [597]3 years ago
5 0

Answer:

Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchisor licenses its know-how, procedures, intellectual property, use of its business model, brand, and rights to sell its branded products and services to a franchisee.

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2 years ago
A monopolist has the total cost function c(q) = 750 + 5q. The inverse demand function is 140 - 7q, where prices and costs are me
Ierofanga [76]

Answer:

d. the firm will lose $750

Explanation:

marginal cost is the derivate of the cost function: It represent the cost of producting an additional unit

cost: 750 + 5q

dC/dQ = 5

We have determinate that marginal cost is $5 thus, we should price at the same value. The mistake from the goverment is to equalize marginal cost with price instead of marginal revenue.

This will make the firm loss the fixed component of the cost as will sale to pay up the variable cost.

The fixed cost is $750 so that is the loss from operations

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3 years ago
A lawn maintenance company compares two ride -on mowersthe Excelsior, which has an expected working-life of six years, and the G
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Answer:

A) The mower is only expected to be needed for three years.

Explanation:

Excelsior is surely more expensive than the Grassassinator, due to its longer working life. Therefore, it is essential to examine the period of use of the lawn mower. There is absolutely no need to invest in a long-running lawn mower if it is going to be needed twice less the time. In this case, it would be more financially efficient to invest in the Grassassinator.

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3 years ago
Ghana is the largest exporter of cocoa, while Netherland is the largest importer of cocoa. How have the two participating countr
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3 years ago
Read 2 more answers
The following are nine technical accounting terms introduced or emphasized in this chapter. Responsibility margin Transfer price
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Answer: Please refer to Explanation

Explanation:

The terms will be listed in bold at the end of the statement. If you require further clarification please do comment.

a. The costs deducted from the contribution margin to determine the responsibility margin. TRACEABLE FIXED COSTS.

b. Cost to produce plus a predetermined markup. COST-PLUS TRANSFER PRICE

c. Fixed costs that are readily controllable by the manager. NONE

d. A subtotal in a responsibility income statement, equal to responsibility margin plus committed fixed costs. PERFORMANCE MARGIN.

e. The subtotal in a responsibility income statement that is most useful in evaluating the short-run effect of various marketing strategies on the income of the business. CONTRIBUTION MARGIN.

f. The subtotal in a responsibility income statement that comes closest to indicating the change in income from operations that would result from closing a particular part of the business. RESPONSIBILITY MARGIN.

g. The amount used in recording products or services supplied by one business unit to another. TRANSFER PRICE.

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