1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Leviafan [203]
2 years ago
14

What is a business opportunity?

Business
1 answer:
Hunter-Best [27]2 years ago
3 0

Answer:

A business opportunity, in the simplest terms, is a packaged business investment that allows the buyer to begin a business. (Technically, all franchises are business opportunities, but not all business opportunities are franchises.) Unlike a franchise, however, the business opportunity seller typically exercises no control over the buyer's business operations. In fact, in most business opportunity programs, there's no continuing relationship between the seller and the buyer after the sale is made.
Although business opportunities offer less support than franchises, this could be an advantage for you if you thrive on freedom. Typically, you won't be obligated to follow the strict specifications and detailed program that franchisees must follow. With most business opportunities, you would simply buy a set of equipment or materials, and then you can operate the business any way and under any name you want. There are no ongoing royalties in most cases, and no trademark rights are sold.

Business opportunities are difficult to define because the term means different things to different people.

You might be interested in
​​Lakeside, Inc. estimated manufacturing overhead costs for the year at $371,000​, based on 180,000 estimated direct labor hours
Anna71 [15]

Answer:

D.$400 over allocated

Explanation:

For computing the over-allocated or under-allocated amount, first, we have to determine the predetermined overhead rate which is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

= $371,000 ÷ 180,000 hours

= $2.06

Now we have to find the actual overhead which equals to

= Actual direct labor-hours × predetermined overhead rate

= 190,000 hours × $2.06

= $391,400

So, the ending overhead equals to

= Actual manufacturing overhead - actual overhead

= $391,000 - $391,400

= $400 over - applied

7 0
3 years ago
Indirect labor includes:_________ (You may select more than one answer. Single click the box with the question mark to produce a
ch4aika [34]

Answer:

b labor of the maintenance employees

c labor of the clerical staff

Explanation:

During the production or composition of finished goods, some form of labors are directly or indirectly involved in the manufacturing of such finished product. Where labor is not readily traced to the manufacturing of finished product, such is known as indirect labor.

On the other hand, labor that is directly involved in the composition of finished product is known as direct labor. Examples of indirect labor are ; wages of supervisors , clerical staff, general helpers , material handlers and maintenance workers.

3 0
3 years ago
What are the benefits of using a credit card? What are the drawbacks of using a credit card?
Anon25 [30]
Benefits: You do not have to carry large amounts of cash with you


drawbacks: You have to pay interest rates
it is technically a loan


hope this helps
6 0
4 years ago
Read 2 more answers
Under Armour wants to assess its brand equity more effectively and asks its marketing team to convince upper management why it i
oee [108]

Answer:

The correct answer is letter "A": Brand equity is strategically important and correlates directly to Under Armour's profitability.

Explanation:

Brand equity refers to the perception consumers have about a firm that affects its value. Brand equity could be positive or negative. It is an important element for companies aiming to settle in the market through marketing strategies that generate more profits by attracting more customers. Brand equity can be measured by <em>price, customer satisfaction, popularity, brand awareness </em>or <em>market share.</em>

<em />

<em>Thus, the marketing team of Under Armour could state that conducting a brand equity measurement is crucial because it is related to the firm's ability to generate profit.</em>

3 0
3 years ago
Is a company bonus earned income?
katrin2010 [14]
<span>Earned income typically includes salaries and bonuses, wages, commissions and tips. Union strike benefits are also considered earned income, as are long-term disability benefits received prior to minimum retirement age. So yes</span>
7 0
3 years ago
Other questions:
  • Recommend ways to deal with a indecisivein a workplace
    10·1 answer
  • 21. Recent trends appear to be progressing in the direction of a more __________. A) culturally imperialistic world culture B) m
    5·1 answer
  • Problem 13-22 The injection molding department of a company uses an average of 30 gallons of special lubricant a day. The supply
    8·1 answer
  • Which of the following describes a consensus?
    7·2 answers
  • self-employed cash basis taxpayer, took out a loan to use in her business. The loan principal is to be repaid on November 30 of
    6·1 answer
  • The balance in the equipment account is $4,900,000, and the balance in the accumulated depreciation—equipment account is $2,646,
    11·1 answer
  • P &amp; G Auto Parts sells parts to AAA Car Repair during 2018. P&amp;G offers rebates of 2% on purchases up to $60,000 and 3% o
    9·1 answer
  • Which of the following is an outflow of cash?
    10·1 answer
  • To everyone I offended, I'm very sorry for what I said and I promise not to use that language again on this site this goes mainl
    6·1 answer
  • The first budget customarily prepared as part of an entity's master budget is the _____ budget.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!