A major potential problem associated with franchising for the franchisor is that _____
a. money is obtained when goods are delivered, rather than when they are sold
b. franchisees as owners have less incentive to work hard than employees
c. it is difficult to set up and enforce franchise qualifications
d. poorly performing franchises can undermine both consumer and investor confidence
d
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Which of the following is true of laggards?
a. They are more likely to get their information from scientific sources and experts. b. They act as an important link in the process of diffusing ideas. c. They are eager to try new products and ideas, almost as an obsession. d. They have the longest adoption time and the lowest socioeconomic status.
On January 1, Year 1, Needham, Inc., borrowed $10,000 at 6% for four years. The note requires annual payments of $2,886 on December 31 of each year. For each item, select the amount as of or for the Year Ended December 31, Year 1, in the column of the one financial statement where the amount is found. What is Notes Payable?
A. (7,200); Income Statement B. (2,286); Income Statement C. (600); Income Statement D. (300); Income Statement E. (600); Statement of Cash Flows - Operating Activities F. 7,714; Statement of Cash Flows - Operating Activities G. (2,886); Statement of Cash Flows - Financing Activities H. (2,286); Statement of Cash Flows - Financing Activities I. (600); Balance Sheet J. 7,114; Balance Sheet K. 7,714; Balance Sheet