Flaira, a high-end clothing brand in Florida, signs a licensing agreement with a firm in Honolulu to allow the latter to use Flaira's brand name, trademark, and business methods to operate the same clothing business in Honolulu. In exchange, the Honolulu firm has to pay the owner of Flaira an annual fee. This scenario is an example of a(n) _____.
A. conglomerate merger
B. sole proprietorship
C. franchise
D. acquisition
Answer: C
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Describe the problems associated with the current NLRA union certification process.
What will be an ideal response?
Firms seeking a price premium for their environmentally friendly products often adopt a(n)
A. environmental cost leadership strategy. B. eco-branding strategy. C. eco-efficiency strategy. D. sustainable value innovation strategy. E. beyond compliance leadership strategy.
About how many people are waiting in line for a soda?
The soda machines outside the lecture hall sees a steady stream of customers throughout the day. Between the student's use of the machine and the mechanism, it takes 15 seconds (exponentially distributed) to deliver a can of carbonated sugar water to a thirsty customer. Over the course of a twelve hour lecture day, students arrive at the rate of 450 per hour. A) 11.8 B) 13.6 C) 15.5 D) 17.2
State the confidence interval.
