A franchise is defined as:
an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, e.g., providing a broadcasting service or acting as an agent for a company's products.
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When conducting a SWOT analysis, information about turnover, profit margins, and staff quality can be used to identify company strengths and weaknesses. By conducting a SWOT analysis, a company is able to find out valuable information about how their company is conducting business, future plans, and how they compare to others within the same market. Identifying your strengths and weaknesses is important in achieving success. When you know your strengths, it allows you to set your company apart from others and when you know your weaknesses, you can work on improving them.
<span>Unattainable points are outside the PPF. The PPF refers to the Production Possibilities Frontier. This is set by the economic standing of a country and a country is not able to perform and produce outside of their set PPF. Due to this, all unattainable points are located outside of the PPF. </span>
Answer:
$90,000
Explanation:
Sales revenue $350,000
Cost of goods sold $150,000
Operating expenses $110,000
Foreign currency translation gain $25,000
Gross profit= sales revenue - the cost of goods sold
=$350,000-$150,000
=$200,000
Net income = Gross profit - Operating expenses
=$200,000 - $110,000
=$90,000
Answer:
B. maximum attainable
Explanation:
The production possibilities frontier (FPP) is a graphic representation of the maximum quantities of production that an economy can obtain in a given period using all the resources available to it.
In an economy that has thousands of products, the alternatives to produce one or the other good and how much of each are very large. When an alternative is chosen, it means that other possibilities are being given up. The relationship between what we choose and what we give up is the opportunity cost.
