Why is opening a franchise often considered lower risk for an entrepreneur than setting up a new business?Please help me will give brainliest!

Answers

Answer 1

Answer:

The opportunity to grow under a famous brand and enjoy the advantages of a larger group of business owners

Explanation:

Opening a franchise is often considered a lower risk for an entrepreneur than setting up a new business because of "The opportunity to grow under a famous brand and enjoy the advantages of a larger group of business owners."

Other benefits to derived include:

1. There is operational support from the franchisor during the lifetime of the business arrangement, which may cover finances, training, accounting, etc.

2. The franchisee's management abilities can be enhanced without extra cost

3. Transactions established on proven and famous brands.


Related Questions

Contemporary manufacturing is characterized by a. production facilities that are generally located as close as possible to the sites of raw material production. b. strong unions and localized involvement in all facets of the production process. c. spatial disaggregation of the production process. d. reliance on highly skilled labor at all phases of the production process. e. production facilities located close to railroads.

Answers

Answer:

Spatial disaggregation of the production process

Explanation:

Manufacturing is said to have dominated nonagricultural employment in 1950 about 45 percent while Growth is said to take off in the 1960s.

manufacturing increase due ot

1.Large labor pool released from agriculture

absence of unions

State Development Board- tax incentives, technical training

Interstate completion- upgrade airports and ports

Improved race relations, mild climate, relaxed lifestyle, recreation, less congested

Contemporary manufacturing is characterized by spatial disaggregation of the production process. Hence, Option (C) is correct.

This means that different stages of production are often dispersed across various locations, both domestically and globally.

There are several reasons for this trend.

First, advancements in transportation and communication technologies have made it easier to coordinate and manage production activities across different locations.

Second, globalization and the pursuit of cost efficiency have led companies to source raw materials, components, and labor from different regions to take advantage of lower costs and specialized expertise.

Third, spatial disaggregation allows for better risk management and resilience by diversifying production locations and reducing dependency on a single site.

Thus, this approach enables companies to optimize their supply chains, access specialized resources, and respond quickly to changing market demands.

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Which of the followind one-time payments are renters typically required to pay In to their first month's rent when they sign a lease

Answers

Answer:

Security deposit

Explanation:

Security deposits is a term that is used to describe a one-time payment that renters are typically required to pay into their first month's rent when they sign a lease.

This security deposit is usually given back to the renter after the tenancy period has ended, and the tenants did not cause any form of unusual damage beyond what is expected through the usage period.

The House manufacturers two different skateboard models. The company produces products using standardized production runs. The company does very little product customization. The House uses what type of technology structure? Question 10 options: Service production Mass production Large-batch production Small-batch production Continuous process production

Answers

Answer: Mass production

Explanation:

Since the products produced by the company uses standardized production runs and very little product customization, the type of technology structure used is mass production.

Mass production refers to production of of large quantities of products which are standardized usually by using automation technology or assembly lines. Mass production brings about the efficient production of a huge amount of similar products.

You drink 19 beers to celebrate the end of your risk management and insurance class, then have an accident while driving home from the bar. The police charge you with drunk driving, and with hitting another automobile from behind. What will your automobile insurer do when you file a claim for the damage to your car, and, what will it do when the injured people in the other car file claims to have their bodily injuries paid for

Answers

Answer: The insurer will pay for claims that was insured for or that which the insurance package covers.

Explanation:

Insurance could be described simply as a cover for damages done either in the present or future to be able to curb losses. Insurance companies offer various packages or insurance covers to the client, ranging from house, to cars and other various insurance cover. The insurance company will pay the claim for the accidents but this would be based on the particular claim that was insured for because the Insurance company won't pay for claim that wasn't insured, it would be a loss on their side

Interest earned on a savings account is _____.

Answers

Explanation:

Interest earned on a savings account is everfi

A joint venture is an agreement between two or more companies to share a business project.
True
False

Answers

True.

I believe, not sure though

4. Use the Internet to find an online job posting. Try searching a site like careerbuilder.com or monster.com. Then complete the items below. a. List the link to the posting. (1.0 point) b. List at least two requirements of the job. Complete sentences are not necessary. (2.0 points) c. List at least three tasks that are a part of the job. Complete sentences are not necessary. (3.0 points) d. Write 1-2 sentences explaining why or why not this job would be a good fit for you (2.0 points)

Answers

Answer and Explanation:

Hello. Brainly does not allow links to be placed in responses, which makes it impossible for me to answer your first question. However, you can find this job vacancy in the careerbuilder when searching for Internet / BDC Director.

Two requirements that this job vacancy requires of possible candidates are: Knowledge of management of social networks and experiences with online sales.

The individual who is interested in this job vacancy, if hired, will have to carry out online and face-to-face sales, perform administrative functions and perform customer service whenever necessary.

This job is not a good option for me, because I have no experience in sales, but this is a very promising job vacancy, with a fair salary and benefits, I believe that if I had the requirements, I would do very well in this type of job.

Answer:

1. https://www.careerbuilder.com/job/J337WK6Y75401Z09WZ9

2. · Ideal to have 1 year experience as a pharmacy technician coordinating activities in an administrative support function.

· Must have valid Pharmacy Technician License

3. Working with patients to explain and educate on medical questions

· Tracking and logging vaccination details into EMR (electronic medical records system)

· Assisting Pharmacist as needed

4. This job would be a good fit for me, because I am compassionate, patient, and pay attention to detail. My mathematical skills are excellent, and like working with a team of health care professionals.

Explanation:

Recall the four reasons some people favor trade restrictions. Give an example from the U.S. economy that you think best fits each reasons

Answers

Answer: See explanation

Explanation:

Trade restrictions simply means a way of protecting the local industries. This can be through imposition of tariffs on foreign goods, use of quota etc. The importance of trade restrictions are:

1. Trade restrictions are important in the protection of the infant indutries, that is, the young industries in a country that are just growing.

2. Trade restrictions is necessary to prevent dumping of goods. This mean selling of goods at lower prices or of low quality in a country. This gives such products an unfair advantage over other goods produced in the home country.

3. Trade restrictions is vital on order to protect the strategic indutries.

4. Trade restrictions is also vital in order to protect the jobs of the people in the country. When goods are imported rather than supporting local businesses, this can lead to unemployment as workers will lose their jobs.

PLEASE QUICK (will give Brainliest)
Which questions should Robert ask himself before investing the $10,000 he inherited? Select four options.

How am I protected as an investor?
Are my friends investing in a similar way?
What guarantees are in place so I make money?
What taxes will I have to pay on this investment?
How do the risks compare to the potential gains?
What are the chances that the investment will fail?

(only 4 options)

Answers

Answer:

the answers are 3,4,5,6

What guarantees are in place so I make money?, What taxes will I have to pay on this investment?, How do the risks compare to the potential gains? and What are the chances that the investment will fail? are the questions should Robert ask himself before investing the $10,000 he inherited. Hence, option C, D, E and F are correct.

What is investing?

Investing is the practice of buying assets that increase in value over time and provide returns in the form of income checks or capital gains. Investment can also be used more broadly to refer to spending time or resources to improving your own or others' life.

To invest, you put money into a fund or account with the goal of making a profit. Investing may result in larger returns over time (which may also involve more risk). Because of this, some individuals use investing to fulfill long-term goals like retirement.

Any strategy that generates prospective future income can be referred to as an investment. Purchasing securities like bonds, stocks, or real estate is one example of this.

Thus, option C, D, E and F are correct.

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Credit card companies charge
on any purchases you have not paid off that month.

Answers

as far as I know yes
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Yess they do I have a credit card the only thing u need to do is to not leave your account on negative and keep putting money in it because if it’s under 10$ and you don’t put more you will be charged 35 the next day so when you put money back they will take your money, let me be honest debit cards eats your money it’s better to get credit

How would your life be affected by having to buy products manufactured by a monopoly?

Answers

Answer:

no industry competition

Explanation:, a monopoly's price is the market price and demand is market demand. Even at high prices, customers will not be able to substitute the good or service with a more affordable alternative. As the sole supplier, a monopoly can also refuse to serve customers.

New classical economists say that an unanticipated increase in aggregate demand first: Group of answer choices increases the price level and real output, and then reduces short-run aggregate supply such that the economy returns to the full-employment level of output. increases the price level and real output, and then increases long-run aggregate supply. increases long-run aggregate supply, and then increases the price level and real output. reduces short-run aggregate supply, and then reduces long-run aggregate supply.

Answers

Answer:

increases the price level and real output, and then reduces short-run aggregate supply such that the economy returns to the full-employment level of output.

Explanation:

In the case of New classical economists, if there is an increase in aggregate demand i.e. non expected would rise the level of price and real output. After this decrease the aggregate supply i.e. short run in order to get the economy return to the full employement output level

Therefore as per the given situation, the first option is correct

And, the rest of the options would be incorrect

Creating an anonymous complaint or grievance process is something
employers can implement to prevent which of the following?
O A. Layoffs
B. Harassment
C. Taxed income
D. Arguments

Answers

Answer is B.) Harassment

hope I could help goodluck

Suppose that Symantec is a small firm that has developed​ anti-virus computer software. Symantec currently earns ​$3 million per year in profits from selling its software. Dell informs Symantec that it is considering installing the software on every new computer it sells. Dell currently earns profits of​ $30 million but expects to sell more computers at a higher price if it can install​ Symantec software. Dell first chooses whether to offer Symantec​ $30 or​ $20 for each copy of its​ software, and then Symantec responds by either accepting or rejecting the offer. The strategies and corresponding profits​ (in millions) for Dell​ (D) and Symantec​ (S) are depicted in the decision tree to the right. What is the Nash equilibrium of the​ game

Answers

Answer:

Dell will offer​ Symantec $20 per copy of the software in which Symantec will accept the offer

Explanation:

Based on the information given NASH EQUILIBRIUM of the​ game between Dell and Symantec is that Dell strategy is to achieved the desired result he wanted by offering Symantec $20 per copy of the software instead of $30 per copy of the software in which Symantec will accept the offer because Dell want to sell more of their computers at high price when they install Symantec's software.

1. A fee that occurs every year

Answers

Taxes is the answer

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Annual fee

During a performance evaluation, what should be discussed?"
Future goals and plans
The training process
The menu
Company mission and vision statements
Other:

Answers

Future goals and plans

This is so true don’t you think so ???

Answers

Answer:

yup

Explanation:

how come ethics impact on psychology

Answers

Answer:

Ethical implications are the impact in which psychological research could have on the rights of individuals. This could be how the research affects public policy or the way in which certain groups are viewed or treated.

Explanation:

Discuss intellectual property frankly.

Be conscious of multiple roles.

Follow informed-consent rules.

Respect confidentiality and privacy.

Tap into ethics resources

pleaseeeee help meeeee

Answers

Answer:

Passport

Annual finance charge =$450

Total annual cost =  $2970

Traveller

Annual finance charge  = $425

Total annual cost =  $2945

Explorer

Annual finance charge =$400

Total annual cost = $2950

The travellers card is the best

Explanation:

Passport

Annual finance charge = 18% x 2500 = $450

Total annual cost = $2500 + 450 + 20 = 2970

Traveller

Annual finance charge = 17% x 2500 = $425

Total annual cost = $2500 + 425 + 20 = 2945

Explorer

Annual finance charge = 16% x 2500 = $400

Total annual cost = $2500 +  $400 + $50 = 2950

The traveller is the best for a consumer because it has the lowest cost

Each pail of plaster covers 97 square feet of ceiling. How many pails of plaster would you need to buy to cover the ceiling of a room with walls 14 feet long?

Answers

Answer:

2.02

Explanation:

Each pail of plaster covers 97 Square feet of ceiling

The ceiling of the room is 14 ft long

= 14×14

= 196

Therefore the pail of plaster that will be needed to cover the rooms can be calculated as follows

= 196/97

= 2.02

All of the following are reasons for countries to participate in foreign trade EXCEPT

A. it is just as easy to start a business overseas as it is in the United States.
B. no nation can produce all of the products its people want and need.
C. even if a country was self-sufficient, other nations would seek to trade with that country in order to meet the needs of its own people.
D. some nations have resources, but not technological know-how; while others have know-how, but lack resources.

Answers

Answer:

A. it is just as easy to start a business overseas as it is in the United States.

Explanation:

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that are used by consumers across the world.

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

All of the following are reasons for countries to participate in foreign trade;

I. No country or nation is able to produce all of the goods its people want and need i.e meeting the unending requirements of its citizens through production of goods and services.

II. Even if a country such as developed countries across the world was self-sufficient, other developing or underdeveloped nations would seek to trade with that country so as to meet the demands (needs) of its own people.

III. The interdependency of technology and resources for different countries. Some nations have resources, but not technological know-how; while others have know-how, but lack resources.

Pleeeeaasseee help

Recall the four reasons some people favor trade restrictions. Give an example from the U.S. economy that you think best fits each reasons

Answers

Answer:

Explanation:

Some measures that check commercial processes are internal to countries, such as the liberalization of trade in services, the elimination of barriers and the creation of mechanisms to protect foreign investors, competition and public procurement policies, and labor standards.

For the last several months, an employee stays late to finish up work. When
he does this, everyone else has gone home, so he is mostly on his own. This
is a possible sign that he is

Answers

Answer: Embezzling

Explanation:

. To reduce the effects of headlights glare at night you should look:
a. straight ahead
b. over your shoulder
C. at the center of the road
d. to the right edge of the road ​

Answers

Answer d

Explanation Aceable

Answer:

look to the right

Explanation:

Alisa is employed by Hallmark Cards, Inc., where her responsibilities include maintaining displays of greeting cards in drugstores and discount stores. Her daily activities include straightening the cards, pulling outdated or slow sellers, and installing new cards. Alisa is called a(n) specialty-line wholesaler. full-service stocker. in-store maintainer. assembler. rack jobber.

Answers

Answer: rack jobber.

Explanation:

A rack jobber is alsso called a rack merchandiser and it refers to a company or a trader that display products and also sells such products in a store.

Since the responsibilities of Alisa include displaying the greeting cards, straightening the cards, pulling outdated cards, and installing new cards, then we can infer that Alisa is a rack jobber.

During the current fiscal year, Jeremiah Corp. signed a long-term noncancellable purchase commitment with its primary supplier. Jeremiah agreed to purchase $2.5 million of raw materials during the next fiscal year under this contract. At the end of the current fiscal year, the raw material to be purchased under this contract had a market value of $2.3 million. What is the journal entry at the end of the current fiscal year

Answers

Answer:

Debit Unrealized Holding Gain or Loss$200,000

Crediit Estimated liability on Purchase Commitments $200,000

Explanation:

Preparation of the journal entry at the end of the current fiscal year

Based on the information given the journal entry at the end of the current fiscal year will be :

Debit Unrealized Holding Gain or Loss $200,000

Crediit Estimated liability on Purchase Commitments $200,000

($2.5 million-$2.3 million)

True or false.
Supply and demand determines the price of labor paid for jobs earning more than minimum wage.

Answers

Answer:

true

Explanation:

Phil works at a wholesaler that specializes in organic, grass-fed beef. Resellers wanting to purchase from Phil's organization have few options to choose from because its beef products tend not to vary. Phil most likely works for a __________________. a. rack jobber b. specialty-line wholesaler c. general-merchandise wholesaler d. limited-service wholesaler e. limited-line wholesaler

Answers

Answer:

b. specialty-line wholesaler

Explanation:

Specialty line wholesalers are the wholesalers that keep specialized products and deal in them. They do not keep diverse products. The limited products are sold and bought in wholesale. The range of products are very narrow. For instance, when a wholesaler deals with products specialized in dairy products, it stands as an example of being a specialty-line wholesaler.  

In the given situation, Phil works in a wholesaler that deals with the specialized product off organic, grass-fed beef. Therefore the wholesaler stands to be a specialty-line wholesaler.

Jeff is trying to buy a new car. Which of the following may cause him not to be able to get a loan to purchase the car?

A. Jeff's credit report shows he makes all of his payments on time.

B. Jeff has had a credit history for 10 years.

C. Jeff has a low credit score.

D. All of the above.

Answers

The answer to this question is all of the above so d

McGlone Corporation had a 1/1/17 balance in the Allowance for Doubtful Accounts of $40,000. During 2017, it wrote off $28,000 of accounts and collected $8,400 on accounts previously written off. The balance in Accounts Receivable was $800,000 at 1/1 and $960,000 at 12/31. At 12/31/17, McGlone estimates that 5% of accounts receivable will prove to be uncollectible. What should McGlone report as its Allowance for Doubtful Accounts at 12/31/17

Answers

Answer:

$48,000

Explanation:

The computation of the amount that should be reported as its allowance for doubtful accounts is shown below

= Ending balance of account receivable × uncollectible percentage

= $960,000 × 0.05

= $48,000

hence, the  amount that should be reported as its allowance for doubtful accounts is $48,000

The above formula should be applied

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