Franchises may be terminated by:
a. the bankruptcy of the franchisee
b. the failure of the franchisor to submit to financial inspection by franchisees c. the franchisor at any time, at will
d. all of the other choices
e. none of the other choices
a
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Point Company uses the standard costing method. The company's main product is a fine-quality audio speaker that normally takes 0.25 hour to produce. Normal annual capacity is 3,000 direct labor hours, and budgeted fixed overhead costs for the year were $6,750 . During the year, the company produced and sold 8,000 units. Actual fixed overhead costs were $4,800 . Compute the fixed overhead budget
variance. a. $300 (F) b. $300 (U) c. $1,950 (F) d. $1,950 (U)
The condition where lesser consumption leads to unhappiness is termed "affluenza."
Answer the following statement true (T) or false (F)
In a large company, the person who is responsible for comparing cash and the bank balance is the ________
A) CEO B) CFO C) controller D) treasurer
Under the __________ view of the firm, resources can be a source of competitive advantage if they are __________
a. resource-based, rare b. systems-based, hard to copy c. resource-based, available to competitors d. systems-based, available to competitors