Which of the following statements is true of franchises in the United States?
A. They offer access to a proven business system and product.
B. Estimates show that women own about 75% of all franchises.
C. Minority participation in franchises, both as franchisees and franchisors, is relatively high.
D. The growth and expansion of franchises are restricted domestically.
Answer: A
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What is Financial Reporting?
A) The process of communicating internal accounting information to existing and potential investors, creditors, lenders, and other external decision makers. B) The process of communicating financial accounting information to existing and potential investors, creditors, lenders, and other external decision makers. C) The process of preparing financial accounting information to existing and potential investors, managers, and employees. D) The process of communicating the strategic plan to existing and potential investors, creditors, lenders, and other external decision makers.
Natalie purchased a concert ticket recently for $50. She is trying to decide whether to drive, take a taxi, or ride the public transit bus. The cost of driving to the concert is a sunk cost because Natalie purchased her car several years ago.
Answer the following statement true (T) or false (F)
A key trend contributing to the evolution of public relations is the growing power of public opinion to act as a positive force in shaping democratic societies
Indicate whether the statement is true or false
Which of the following is true?
a. Employees receive stock rights as a form of compensation. b. Employees in general may not transfer or sell stock rights to others. c. Stock rights give shareholders the right to purchase shares of common stock at half-price. d. Stock rights usually do not trade in public markets. e. Firms grant stock rights to current shareholders.