A(n) _____ is a retail business where the operator is granted a license to operate and sell a product under the brand name of a larger supporting organizational structure.
A. chain store
B. independent retail store
C. franchise
D. factory outlet
Answer: C
You might also like to view...
Which statement about hypotheses is not true?
A) A hypothesis is an unproven statement or proposition about a factor or phenomenon that is of interest to the researcher. B) Hypotheses are declarative and can be tested empirically. C) It is possible to formulate hypotheses in all situations. D) An important role of a hypothesis is to suggest variables to be included in the research design.
The design of service processes is challenging because it involves a trade-off between ______.
A. customer expectations and product price B. service provider expectations for profits and costs C. customers’ expectations and service providers’ desire for efficiency D. product price and delivery time
Darren Corporation's Maintenance Department provides services to the company's two operating divisions - the Paints Division and the Stains Division. The variable costs of the Maintenance Department are budgeted based on the number of cases produced by the operating departments. The fixed costs of the Maintenance Department are budgeted based on the number of cases produced by the operating departments during the peak period. Data appear below:Maintenance Department: Budgeted variable cost$2per caseBudgeted total fixed cost$830,000 Paints Division: Percentage of peak period capacity required 30% Actual cases 20,000 Stains Division: Percentage of peak period capacity required 70% Actual cases 63,000 For performance evaluation purposes, how much Maintenance
Department cost should be charged to the Paints Division at the end of the year? A. $498,000. B. $289,000. C. $298,800. D. $240,000.
A transfer of contract duties to a third party is an assignment
Indicate whether the statement is true or false