Answer:
C) wire service
Explanation:
A wire service is an organization that makes news available to their customers via satellite transmission or by wire. Such organization gather news and send it out electronically. Examples includes Reuters UK, BNO news Netherlands, Canadian press, Press Association in USA, Korea news in South Korea etc.
Answer:
Raw Materials
Explanation:
In a business, unprocessed extractive goods such as iron, coal, oil, or natural gas, and unprocessed agricultural products such as flour, are called raw materials.
Raw materials are meant to be transformed into final products.
For example, iron is transformed into steel, and fossil fuels (coal, oil, natural gas) are used to power production facilities. In a bakery, flour would be transformed into bread, cakes, and cookies.
Answer:
B. product distribution franchise
Explanation:
In this scenario, George runs a small retail business and sells brands (products) that another business manufactures. George's retail store uses the logos and trademarks of that business to attract customers by acting as a dealer on behalf of the manufacturing business.
Hence, the type of franchise model that George's retail business follow is a product distribution franchise.
A product distribution franchise can be defined as a supplier-dealer business relationship in which a dealer (franchisee) is granted a license by the manufacturer (franchisor) to sell and distribute their products.
In this type of franchise, the dealer (franchisee) is only granted the license to use just the logos and trademarks of the manufacturer (franchisor) but not the framework (system) for the establishment and operations of the business.
<em>Some examples of a product distribution franchise is Fords motors, Coca-Cola, mobile homes, Guiness etc. </em>
Answer:
2. time spent due to the decision
3. actual financial cost of the decision
4. benefits from the best foregone alternative
Explanation:
Opportunity costs are those costs that provide benefits from the alternatives which are available. The better one is accepted while the worst one is rejected. The chosen alternative should be made from the available alternatives only
Decision regarding the opportunity cost would depend upon the spending time for taking the decision, decision financial cost, and the benefits which are generated from choosing the alternative
When asked about his headquarters, Linus Torvalds said that it was only in his room, on his computer on top of his standing desk.
He is the only person that work there.
Linux is a popular open source program. Which means all of it's products are created for free by programmers who are willing to contribute.