What is a likely reason why someone would pay money for a franchise?
a. they are not aware of basic business practices
b. they will not have to spend the same amount of time marketing and building the brand
c. they do not have knowledge in the industry or business model
d. they will not have to work as hard in running the business
b. they will not have to spend the same amount of time marketing and building the brand
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Give examples of two forces outside an organization and two forces inside that would be likely indicators of a need for change.
What will be an ideal response?
Interest is generally stated as a monthly rate
Indicate whether the statement is true or false
A bailee's interest in the bailed property can be characterized as: A) ownership
B) a fractional proprietary interest. C) possession. D) constructive ownership.
Daniel, his parents, and three brothers own all the stock of their family farm corporation, and each person takes an active role in managing the enterprise. This corporation, which is taxed as a corporation, is most likely a(n)
A. S corporation. B. professional corporation. C. close corporation. D. proprietorship.