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3 years ago

WILL GIVE BRAINLIEST! Why would someone choose to start a company as a Franchise rather than a Sole Trader or Partnership?

Business

1 answer:

erastova [34]3 years ago

7 0

Answer:

Explanation:

The franchisee has the advantage of having an established brand that potential customers easily can recognize. On the other hand, the sole proprietor must develop his own brand and promote it through extensive, and possibly expensive, marketing campaigns.

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Which of the following is true of first movers? a. The first mover cannot be able to establish brand loyalty. b. Being a first m

boyakko [2]

Answer:

The first mover that creates a revolutionary product is in a monopoly position.

Explanation:

First Mover is the big initiator of a new product, which gains a competitive 'first mover advantage' for being the pioneer of the idea in the market.

The first mover can be able to establish brand loyalty
Being a first mover doesn't guarantee instant success
The first mover can create switching costs for its customers to deter rivals.

The only apt statement is : The first mover that creates a revolutionary product is in a monopoly position. The first mover enters the market when there is no major supplier & the customer's demand is unmet. If it enables to leverage the potential huge unsatisfied market in a revolutionary way, it can be able to create unparalleled brand loyalty. And this can make it secure monopoly position in market

7 0

3 years ago

Suppose the manager of an ice cream store is trying to forecast the pounds of ice cream that they will sell based on what they h

disa [49]

Based on the information give your forecast for period 7 is 40.

<h3>Forecast for period 7</h3>

Given:

Time-series trend equation=25.3+2.1x

Period=7

Let x present period 7

Hence:

Forecast for period 7 =25.3 +2.1(7)

Forecast for period 7 =25.3 +14.7

Forecast for period 7 =40

Inconclusion your forecast for period 7 is 40.

Learn more about forecast here:brainly.com/question/24730207

6 0

2 years ago

Key activities of supply management include negotiations, logistics, contract development and administration, inventory control

Archy [21]

<span>The answer is true.
</span><span>
</span><span>Supply management is one of the pillars of marketing. Supply management includes logistics, acquiring and managing resources either goods or services which are needed to run the organization. </span>
<span /><span>The main goals of the supply management are:

- Control costs
- Efficient allocation of resources
- Gathering sufficient information to be used in strategic business decisions.</span>

3 0

3 years ago

All of the following statements related to preparation of the statement of cash flows under U.S. GAAP and IFRS are true except:

iVinArrow [24]

Answer: IFRS permits the classification of cash outflows for interest expense under operating or financing based on which one results in better cash flows from operating activities.

Explanation: The cash flow statement includes only inflows and outflows of cash and cash equivalents; it excludes transactions that do not directly affect cash receipts and payments. These non-cash transactions include depreciation or write-offs on bad debts or credit losses to name a few.

6 0

3 years ago

George is looking at the colors on a paint swatch card to select the right shade of red for his wall. he is able to differentiat

bulgar [2K]

Based on his perception of the differences in the shades, this can be attributed to the wavelengths of light reflecting from the shades. Wavelength in physics is being defined as measuring the direction in regards of the propagation of a wave in which are in between a two successive points in the wave that are being characterized by its same phase.

4 0

3 years ago