Glenda plans to buy a video store franchise. Which of the following MOST likely convinced her to buy a franchise instead of starting up her own business?
a. Business owners are not totally responsible for their decision making.
b. Business owners are not responsible for paying royalty fees in a franchise.
c. Business owners are confident that the franchise company has a proven system of operation.
d. Business owners are guaranteed not to compete with other franchisers.
c
Business
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In a basic SWOT analysis, the "T" stands for ________
A) timing B) trust C) threats D) trade E) tangible
Business
What is the internal rate of return (IRR) of an investment that requires an initial investment of $11,000 today and pays $15,400 in one year's time?
A) 37% B) 44% C) 43% D) 40%
Business