Identify each CSTO from its description

Sonic sells the rights to use the business name and sell its products and services to others in a given territory. This arrangem

Ket [755]

Answer:

Sonic sells the rights to use the business name and sell its products and services to others in a given territory. This arrangement is called a franchise agreement.

Explanation:

The franchise agreement can simply be described as a legal agreement for binding of two or more companies. The agreement carries all the terms and conditions under which the two companies will work together. In such a kind of agreement, the owner of a business gives the rights of using the company name to another person or another company. The other company also gets the rights to sell products under the name of that company. In return, they agree to pay a commission or a part of their revenue as franchise fees.

5 0

3 years ago

the marketing mix, often known as the four ps of marketing, represent areas that a firm can adjust to influence demand for its g

GrogVix [38]

if a firm want to adjust the cost of a service by 2% to stay competitive, such firm will be focusing on the Price in marketing mix.

<h3>What is a marketing mix?</h3>

In marketing, these mix refers to those elements of a business's marketing that are designed to meet the needs of its customers.

The four elements of marketing mix are often called 4 'Ps' and includes:

price
product
promotion
place.

In conclusion, the firm will be focusing on the Price in marketing mix if a firm want to adjust the cost of a service by 2% to stay competitive,

Read more about marketing mix

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4 0

2 years ago

Granfield Company is considering eliminating its backpack division, which reported an operating loss for the recent year of $41,

quester [9]

Answer:

The impact of eliminating the backpack division

Particulars Amount

Decrease in contribution margin $480,500 ($950500-$470,000)

Decrease in Expenses:

Fixed expenses $208,800 ($70522,000*40%)

Decrease in Net operating income $271,700 (Financial disadvantage)

3 0

3 years ago

Darren has borrowed $100$ clams from ethan at a $10\%$ simple daily interest. meanwhile, fergie has borrowed $150$ clams from ge

Oxana [17]

Answer:

20

Explanation:

start doing math

7 0

2 years ago

A survey of entrepreneurs who started companies last year shows that while virtually all did substantial preparatory research an

Vitek1552 [10]

Answer: From the given comprehension if the following statement is true, will most seriously weakens the argument: Among the entrepreneurs surveyed, those who did not produce formal business plans sought and received a much larger proportion of their capital from investors with whom they had a long-standing business relationship.

Here it states that, entrepreneurs who were capable of raising funds without thought/design were able to make the capital because of their relation with investors.

Therefore, the correct option here is (c).

6 0

3 years ago