The continuous fee paid by the franchisee to the franchiser based on a percentage of the franchisee's gross revenue is termed:

A. licensing fee.
B. royalty fee.
C. franchise fee.
D. start-up fee.


Answer: B

Business

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Which of the following is one of the external factors that have a major effect on the performance of salespeople?

A) the quality of the sales management B) the amount of financial resources a company puts into sales efforts C) changes in customers' tastes and buying behavior D) the quality of the products sold by the organizations

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Convenience sampling is the least expensive and least time consuming of all sampling techniques

Indicate whether the statement is true or false

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The price variance reflects the difference between the quantity of inputs used and the standard quantity allowed for the output of a period

Indicate whether the statement is true or false

Business

In order for diversity programs not to be fleeting trends, what foundation is necessary ?

a. Strong legislation; proactive public policy b. Ethical practices ; short term organizational changes c. Financial goals ; practical benefits d. All of the above

Business