Which of the following is true of business format franchising?
A. The franchiser provides assistance to the franchisee to train franchise personnel.
B. The franchiser exercises very little control over the franchisee's business operations.
C. Franchisees concentrate on handling the franchiser's product line and identify their business with that firm.
D. Gasoline service stations and truck dealerships use this form of franchising.
Answer: A
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a. many journalists left the paper b. circulation declined c. newly formed teams thrived in the new structure d. positions were eliminated or restructured
Gerald Tee has a $50,000 property loss. His insurance policy's coverage limit is $35,000, and has a $500 deductible applied to the policy. How much will Gerald collect?
A) $50,000 B) $49,500 C) $35,000 D) $34,500
A strategy designed to compete within a narrow market or product segment is called a ________ strategy
A) scope B) differentiation C) cost D) focus
A stock whose return does not depend on overall economic conditions has a low systematic risk
Indicate whether this statement is true or false.