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12345 [234]
3 years ago
9

Why do people buy franchise instead of expanding by opening more stores​

Business
2 answers:
katen-ka-za [31]3 years ago
8 0
Franchising is a good way to obtain expansion, you can grow the number of locations with tapping much of your own money.
atroni [7]3 years ago
5 0

People buy franchise because franchising helps franchisors gain areas where a market may be for their company, but the problem is they might not be familiar with. Franchising allows for the business to grow without spreading its top level human materials across too thin unlike stores. Franchisees can pay outlets in your chain of the system, you can large the number of locations without having to tap of your capital or needing to ask financing from banks.

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Has anybody taken this test before? What is the most financially dangerous way to pay for college?
GaryK [48]

Answer:

<u>well my dads a licensed student loan manager for UCB in CA and he said Federal Student Loans have FIXED INTEREST meaning no matter the change in other people loans your interest rate doesnt change. So it has to be credit cards.</u>

Explanation:

Also credit cards dont have fixed interest rates so say today you have an 8% interest rate and next month it changes to 12% thats because of the fixed rate so in the near future you'd end up paying more in credit card tax then student loans. And student loans payment are negotiable , payments can be somewhat reasonable as for credit cards co.'s they take out a payment either way without you having a say in monthly change until you pay the loan off.

In my personal opinion I think its credit cards.

3 0
3 years ago
Only the short-run Phillips curve is downward sloping because: a in the long run, prices adjust, eliminating the relationship be
AysviL [449]

Answer:

a in the long run, prices adjust, eliminating the relationship between inflation and unemployment

Explanation:

Philip's curve states that there is an inverse relationship between inflation and unemployment in the short run. However, in the long run, workers and consumers adapt to the new environment.

6 0
4 years ago
A company had inventory on November 1, of 5 units at a cost of $24 each. On November 2, they purchased 14 units at $26 each. On
Serggg [28]

Answer:

e

Explanation:

LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.

If 11 inventories were sold, the inventory left would consist of 13 units purchased on the 2nd and 5 units the company had on the 1st

Inventory value = (13x 26) + (5 x 24) = 458

8 0
3 years ago
On January 1, Year 1, Jing Company purchased office equipment that cost $18,300 cash. The equipment was delivered under terms FO
Gnom [1K]

Answer:

equipment value 21,100

depreciation per year under striaght-line method: $2,860

Explanation:

All incurred cost needed to leave the equipment ready for use must be capitalized:

We should incluide

cost 18,300 + 2,800 freight-in cost = 21,100

\frac{Adquisition \: Value- \: Salvage \: Value}{useful \: life}= Depreciation \: coplete \: year

\frac{21,100 - 6,800}{5}= Depreciation \: coplete \: year

depreication per year: 2,860

5 0
3 years ago
Ross is the CEO of IO Technological Solutions (IOTS), a multinational company. Ross stresses on a decentralized working environm
Vadim26 [7]

Answer: Clan culture

Explanation:

Clan Culture like the term implies refers to a type of corporate environment where a collaborative nature is encouraged and fostered such that people try to achieve common goals the way a clan would by being united and interested in the growth of one another because this will lead to the growth of the company as a whole.

In being friendly with staff and encouraging top management to try to get their team members to succeed, Ross is following a clan culture. This type of corporate environment is known to be the least competitive type as a result.

7 0
3 years ago
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