What is franchising and how is it different from licensing?
What will be an ideal response?
A franchise is a business that markets a product or service in the exact manner prescribed by the founder or successors of the parent company. As an entrepreneur, you could develop a concept and business operation that can be reproduced and sold to other entrepreneurs. They would pay you a fee for the right to run the business exactly the way that you direct and pay you a royalty as well. In contrast, in licensing you rent your brand or other intellectual property to sell products.
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An employer ________ from union solicitation on company premises.
A. is permitted to bar off-duty employees B. is permitted to bar all employees C. cannot bar off-duty employees D. must seek an order from the NLRB to bar off-duty employees
In the current year George, a college photography professor, acquired camera equipment (5-year property) for $1,000 and used the camera equipment 80% for teaching and creative work-related activities and the remaining 20% for personal use. The university provides camera equipment for faculty use, but George prefers his own equipment. Assuming Sec. 179 and bonus depreciation is not applied, the maximum depreciation deduction is
A. $160. B. $0. C. $800. D. $200.
For Proposal 3, the incremental depreciation expense for year 6 is ________. (See Table 11.2)
Table 11.2
Computer Disk Duplicators, Inc. has been considering several capital investment proposals for the year beginning in 2019. For each investment proposal, the relevant cash flows and other relevant financial data are summarized in the table below. New assets will be depreciated under the MACRS system rather than being fully expensed right away. In the case of a replacement decision, the total installed cost of the equipment will be partially offset by the sale of existing equipment. The firm is subject to a 40 percent tax rate on ordinary income and on long-term capital gains. The firm's cost of capital is 15 percent.
A) $15,750
B) $10,750
C) $23,000
D) $36,150
Good customer satisfaction measurement systems are designed to provide information about a customer's future buying behavior
Indicate whether the statement is true or false