Answer:
In franchise, having management support from the franchisor is an ADVANTAGE whereas the coattail effect is considered a DISADVANTAGE.
Explanation:
When franchisee acquires a franchise, one of the main advantages is that the franchisee receives support, training and know-how form the franchisor. That is why franchises have a larger success rate than other types of new businesses.
The coattail effects refers to the possible negative effects that other franchises might have over your own franchise. For example, if a McDonald's restaurant on the other side of town offers a really bad customers service, and you also own a McDonald's franchise, many customers will believe that you also offer a bad customer service even though each restaurant is owned and operated by different people.
Management support is a benefit in franchises, while the coattail effect is a drawback.
In franchise, having management support from the franchisor is a benefit, whereas the coattail effect is considered a drawback.
Management support from the franchisor can include assistance with marketing, training, and operational guidance. This support can help franchisees succeed and grow their business. On the other hand, the coattail effect refers to the risk of a franchisee's reputation and success being heavily dependent on the overall reputation and success of the franchise brand.
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b) inflation rate
c) labor force
d) business cycle
e) recession
f) monopoly
g) fiscal policy
h) monetary policy
i) commerce
j) price fixing
b. viruses
c. protists
d. bacteria
Answer:
b. , c. , and e.
Explanation:
Based on the items provided within the question it can be said that the items that are not factors of production are 1,000 shares of Amazon.com stock, undiscovered oil in the Atlantic Ocean, and a soda. This is because they are not productive resources that are being used to produce goods and/or services, land, labor, capital, or entrepreneurship like the rest of the items on the list.
Answer:
c
Explanation:
Answer:
The Abby Cleaning Services Revenue for the month is $6,075 i.e $75 more than the expected.
Explanation:
Given:
Planned number of customers = 50
Charges = $30 per hour
Expected time taken = 4 hours
Therefore,
The expected revenue = 50 × $30 × 4 = $6,000
Actual number of customers served = 50 - 5 = 45
Actual time time taken = 4.5 hours
Actual revenue = 45 × $30 × 4.5 = $6,075
Hence,
the Abby Cleaning Services Revenue for the month is $6,075 i.e $75 more than the expected.