Arby's, Jiffy-Lube, Baskin-Robbins, and Sylvan Learning Centers are examples of _____ because the franchisee buys the right to use the franchisor's approach to doing business.

A. trade name franchising
B. product franchising
C. business format franchising
D. franchise wholesaling
E. logistic franchising


Answer: C

Business

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Intimacy involves which of the following kinds of closeness?

A. participation in individual activities B. long-distance contact C. shared ideas and valued principles D. hiding of emotional feelings

Business

Answer the following statements true (T) or false (F)

1. The most popular form of budgeting is known as zero-based budgeting.  2. Incremental budgeting requires setting up many budgets based on short periods, which together make up the full resource requirement.  3. One difficulty with incremental budgets is that they tend to lock departments into stable spending arrangements.  4. An expense budget anticipates investment in major assets such as land, buildings, and major equipment. 

Business

According to the National Association of Colleges and Employers, what communication-related skills did employers rate as being most important?

A) Team work, presentation skills, and technical knowledge B) The ability to communicate with those outside of the organization, order processing, and verbal skills C) Verbal skills, technical knowledge, and the ability to process information D) Team work, verbal skills, and the ability to process information E) Team work, technical knowledge, and verbal skills

Business

Ted is risk manager of XYZ Company. He is concerned his company might be sued by current or former employees alleging wrongful termination, failure to promote, racial or gender discrimination, or sexual harassment

What type of liability insurance can Ted purchase to cover these types of claims? A) workers compensation insurance B) employer liability insurance C) employment-related practices liability insurance D) directors and officers liability insurance

Business