Martina's franchise agreement allows her to open up to seven new stores within a 100 mile radius of the first one. Martina is best described as:
A. a master licensee.
B. a franchisee.
C. a franchisor.
D. an area developer.
Answer: D
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A debit balance in the allowance account may exist before recognizing estimated uncollectibles for the period because
a. firms sometimes write off specific customers' accounts during an accounting period as the firm identifies the specific customers whose accounts have become uncollectible. b. firms generally wait until the end of the accounting period to recognize bad debt expense for the period. c. the account will always have a credit balance after recognizing the provision for estimated uncollectibles for the period. d. all of the above. e. none of the above.
There are two basic types of cost accounting systems: job order costing and process costing.
Answer the following statement true (T) or false (F)
Which tactic for influencing others is the argument that the task has been requested by higher management, or a request to higher management to assist in gaining cooperation
a. Coalition building b. Upward appeals c. Rational appeals d. Assertiveness
Laura is the CEO of her company. There are about 25 people in her company as a whole. She manages a team consisting of departments called sales and marketing, accounting, technology, human resources, and administration. Even though her company is relatively small, she has to be careful of the lack of communication between the departments because of their tendency to work apart from each other. Laura works in which type of organizational structure?
a. Divisional b. Simple c. Matrix d. Functional