Franchises have experienced three major growth waves since beginning that include a focus on ________
A) rapid growth, the fast food, and specific market niches
B) stable growth, the service sector, and the food industry
C) rapid growth, the service sector, and specific market niches
D) predictable growth, the service sector, and specific market niches
C
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Allen Services purchased 20 delivery vehicles by issuing a 20-year installment note payable for $720,000. On the statement of cash flows, this transaction would be shown in the ________
A) investing activities section B) non-cash investing and financing activities section C) operating activities section D) financing activities section
Which of the following is the best example of a consumer market that is saturated with brands?
A) the gluten-free baked goods market B) the hybrid automobile market C) the luxury RV market D) the hearing aid market E) the laundry detergent market