Answer:
franchisor; franchisee
Explanation:
Franchising is the system for the expanding business and distributing the goods and the services to meet the higher demand.
Franchisor is the big name and big company or business which offers small business for franchising in order to gain profits and expanding business.
Franchisee is small business owner who has purchased right to use existing business's trademarks and then uphold same standards as first business.
Hence, in the given case, Dog N' Cat is the <u>franchisor</u> and you are the <u>franchisee</u>.
Answer:
Since 0.33 + 0.75 = 1.08 is greater than one, this production function therefore exhibits increasing returns to scale.
Explanation:
From the question, we have the following restated equation:
Where q is the output, and L and K are inputs
To determine the types of returns to scale, we increase each of L and K inputs by constant amount c as follows:
We can now solve as follows;
Since 0.33 + 0.75 = 1.08 is greater than one, this production function therefore exhibits increasing returns to scale.
Answer:
Yen depreciated its value against US$
Explanation:
The reason was that the Japanese government has a free trade agreement with the United States and what happened was that the Yen appreciated against Dollars by which the Japanese companies might had suffered as the american products would have been imported more to the country because now they are cheaper than the Japanese cars, as a result the industry in the Japan would had suffered. So the government of japan set 115 Yen as apposed to 85 Yen against each dollars which resulted in increase in the demand of the manufacturing of the cars. Now the Japanese products were greater in demand because of they cost less. And at the year end 2015, the Sabaru reported $2 billion profit despite the fact that 80% of its production was in Japan. The american auto suffered loss of market by $2 Billion.
The economy is consider to be at full employment.
Answer with Explanation:
When it comes to planning, particularly, for a retail store such as the "Goodwill store" in the situation above, it is important to consider some steps. These steps will enlighten the members, especially the Store Manager on the comparative advantage of what they are selling.
Once the goal of the group has been set, they should consider doing an audit of the situation. This will allow the group to have some options which they can consider. This will enable them to set-up the merchandises that they will be selling and also know about pricing strategies. Next is to identify the strategic opportunities and the alternatives. The opportunities are events which will give the store an advantage in the future. They should also analyze their<em> financial options (alternatives). </em>This will give the store direction and a greater chance of achieving the goals.
Once the resources are well-allocated, the strategies may now be implemented.
