In 2016, the International Franchise Association reported that franchises made up almost 900,000 establishments in the United States, providing almost 9 million direct jobs.

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


True

In 2016, the International Franchise Association reported that franchises made up almost 900,000 establishments in the United States, providing almost 9 million direct jobs. In part, the reason franchising is so widespread is that the franchisor can offer a standard, well-known product that is produced by a consistent, well-tested process.

Business

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The annual percentage rate (APR) on a single-payment loan of $1,000 at a simple interest rate of 12% is:

A. 10%. B. 12%. C. 15%. D. 18%. E. 24%.

Business

The primary effect of the 1984 and 1986 amendments to the Resource Conservation and Recovery Act was to ________

A) make landfills a last resort for the disposal of many types of waste B) have safer transportation for hazardous waste C) create more efficient storage facilities for hazardous waste D) provide licenses for producers and transporters of hazardous waste

Business

EatWell Inc., a chain of sub shops, periodically compares the quality of its food and service with its competitors in order to continually improve its performance. This corporate strategy is known as

A. diversification. B. benchmarking. C. brainstorming. D. horizontal integration. E. vertical integration.

Business

What type of investment would have a high risk premium associated with political and regulatory risk?

A) A drug company B) A casino company C) A tobacco company D) All of the above are correct.

Business