Instead of setting up a business to market her own products, Rita con¬sid¬ers entering into a distributorship franchise with Sports Equipment Corporation. This involves the transfer of
a. a license.
b. a trade name.
c. the formula to make a certain product.
d. the ownership of the business.
A
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The ending inventory of a company was $450,000 as per the perpetual inventory records. The current replacement cost for the ending inventory is $410,000. Prepare the journal entry to adjust inventory. Omit explanation.
What will be an ideal response?
A firm adopting an intensive distribution strategy to sell its products would do so through a(n)
________. A) luxury-oriented retailer B) supermarket C) company-owned outlet D) franchise store
Management would prefer global standardization of the marketing mix
A. because each market demands it. B. because it makes the mix easily controllable. C. for cost savings. D. to meet local conditions.
Acme Global sent 100 workers to training to decrease defects on the assembly line. In the past year, there have been 2,000 defective products created at a cost of $100 each. In the year following training, only 1,000 defective products were created. Training cost $100 per worker. What is the ROI on the training?
What will be an ideal response?