Answer: B. Before purchasing a franchise, the buyer should carefully evaluate the franchise, the franchisor, his or her own situation, and the nature of the market
Explanation:
A franchise is a method that has to do with the distribution of products or services which involves a franchisor, and a franchisee. A franchisee pays a royalty an initial fee in order to do business using the name of the franchisor.
Before purchasing a franchise, the buyer should carefully evaluate the franchise, the franchisor, his or her own situation, and the nature of the market.
Answer: The advantages would be efficiency and accountability; the disadvantages would be resource hoarding and low quality.
Explanation: There will be more trust between workers and indivuals, more accountability as well.
The answer is B.
Export subsidies are a mechanism for governments to increase exports and decrease domestic sales. There are a number of ways this can be achieved and one such way is to subsidize the domestic producers directly. Essentially export subsidies mean foreign importers pay less than domestic consumers, promoting exports.
Answer:
The correct word for the blank space is: product life cycle.
Explanation:
The product life cycle is the period of time during which a product is conceived and developed, brought to market and late removed from the market. The cycle includes four (4) stages: <em>research and introduction, promotion and growth, maturity, </em>and <em>decline</em>.
Answer: d. cause businesses to increase their focus on nonprice aspects of their promotional message.
Explanation: The internet has made it possible for shopping to be done online. Businesses will most likely increase their focus on nonprice aspects of their promotional message as a result of the technology. This would be largely due to an increase in price competition as more and more consumers have instant access to prices from all around the world and in response to this, nonprice competition is more likely to be on the rise.
