A premium brand of men's wear introduces a new range of dinner suits and licenses its franchisees to sell this product. However, the brand retains the production rights. This scenario exemplifies a(n) _____.

A. sole proprietorship
B. distributorship
C. acquisition
D. merger


Answer: B

Business

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Interactional justice refers to ______.

a. whether or not the customer believes company procedures for handling service failures are fair b. an assessment by the customer of the fairness associated with whatever compensation he or she received to rectify a service failure c. the customer’s feeling of being treated with respect and courtesy and given the opportunity to express the complaint fully d. the guest’s satisfaction with the adequacy of the information and communication provided by the organization

Business

Considerations in selecting a layout include ______.

A. producing products and services that are cost-effective B. circumventing government regulations C. abiding by ISO requirements D. ensuring that high prices can be charged

Business

Which type of questions introduces a topic or area for exploration?

a. Closed b. Open c. Primary d. Secondary

Business

If the feasible region for a linear programming problem is unbounded, then the solution to the corresponding linear programming problem is ________ unbounded

A) always B) sometimes C) never D) There is not enough information to complete this statement.

Business