Which form of franchising is the most common today?
A. Franchising has become a very unpopular option and is used infrequently today.
B. A manufacturer authorizes a number of retail stores to sell a certain brand-name item.
C. A producer licenses distributors to sell a given product to retailers.
D. A distributor authorizes a producer to make and sell a given product to the ultimate consumer.
E. A franchisor supplies brand names, techniques, or other services instead of a complete product.
Answer: E
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A) freedom to do what one wishes. B) social and material equality. C) freedom from government regulation. D) equality of opportunity, not of results.
Ann Headstrom would like to have an office in downtown Orange, California. However, there is no office space available and the ground level retail spaces have all been taken by antique shops. What suggestions could you offer to Ann for obtaining an office space downtown?
A) Purchase a column lot from one of the antique shop owners and build an office. B) Seek eminent domain from the city to get her business substituted for one of the antique stores. C) Purchase an easement lot. D) Obtain a royalty interest.
The study of how changes in the input parameters of a linear programming problem affect the optimal solution is known as
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