1. A franchise can do extensive advertising in a given market because the cost are spread among many units Select one: True False 2. Single franchise unit is the most complex type of franchise. Select one: True False
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- You love building and fine-tuning businesssystems in order to figure out the best ways to createand deliver products, solve customer problems, and soon. After 10 years in a corporate job, you’re ready toapply this passion to your own company. You’reintrigued by the systematic approaches the world’s mostsuccessful franchising operations use to multiply theirmarket reach. Would buying a franchise be a goodchoice for you? Why or why not?Venture is Flipkart or any other successful entrepreneurial venture that has been in business at least five years. (1) Use historical revenue information to examine how this particular venture moved through its life cycle stages. Determine the length of the development stage, the startup stage, and so forth. (2) Determine the financing sources used during the various stages of the venture's life cycle. (3) Identify the venture's equity owners and how shares have been distributed among the owners. What portion of ownership has been allocated to management team members? what, if any, agency conflicts can you identify?1. Ask yourself and list down what qualities do you want from a business partners, and then identify people who have these qualities to be a partner for a small business project. 2. Answer the following: What market - product can be converted into business opportunity? What role will each of the partners play (who to do buying, who to do marketing, who to do selling, who to do delivery, etc.)? Who among you shall be the head of the partnership? Why? How will profit be split? What are sales goals weekly for the next four weeks? 3. Who among the successful entrepreneurs you know can be your mentor? Why?
- What are you to do as a budding entrepreneur in the following situations? 1. Iverson loves arts and crafts. With this in mind, he is contemplating doing a business out of his hobby and skills. What are some of the risks that he has to face? Give 1-2 examples 2. In their family business, Carla takes charge of getting more sales for the company and providing excellent customer service. One time, a new customer argued via private message, saying that she did not like how the sauce of the marinara was too sour for their family’s liking and added they prefer a sweeter one. How does Carla respond? 3. Jaymee and Jewelle saw an opportunity this pandemic to create DIY phone cases and introduce them via online means. What are some things you could do to make your product What are some things you could do to make your product become salable.? Give 1-2 examplesPlease no written by hand and no emage Watch the short video from the link below read the information below the link and share your comments about franchises as family-owned businesses? Franchise Economy(Links to an external site.) Links to an external site. Family-owned businesses are the original mom-and-pops of Main Street, and they're feeling optimistic in the new year, according to new data. Pricewaterhouse Cooper's "US Family Business" survey finds family businesses are feeling upbeat on growth projections, as 79 percent of respondents expect "steady growth" in the next five years. What's more, 70 percent reported revenue growth in the past year, according to the survey released Tuesday. This sunny outlook is also in line with the National Federation of Independent Business' optimism index for December, which broke 100 for the first time since October 2006. PwC's survey was conducted among 154 family-owned and operated U.S. businesses across industries from manufacturing to…Please explain the right answer and also the wrong answers 1. Mission and vision statements are followed by articulation of _____________________, which are a set of corporate priorities and institutional standards of behavior. Select one: A. corporate image B. corporate culture C. corporate values D. employee training 2.The major challenge facing today’s hospitality companies is knowing _______________________________ in the face of a rapidly changing marketplace and environment Select one: A. how to retain good employees B. how to differentiate C. how to build and maintain healthy businesses D. competitors
- 1. Explain FOUR (4) theories in corporate governance, and differentiate the functionsof a board in different theories.2. Discuss how sound corporate governance provides the basis for a healthycorporation, and whether financial indicators are the only reliable measurement of corporate performance.3. Based on the Companies Act 2016, discuss the difficulties in the process ofmonitoring directors in discharging their duties. Illustrate with examples. *Must be in essay form, words number: 1000-1500 words*Please explain right as well as wrong options (1) when rubberstamp productions, previously a small-time production house, grew in size, the first thing its cheif executive officer (CEO) did was establish a set og guildlines that detailed all priciples, standards, and procedures to be followed in the conpany's line of business. The CEO set specific standards on topics ranging from treatment of coworkers to protection of the environment to maintenance of financial records. this scenario illustrates that the CEO developed a a.) code of ethics b.) cognitive map c.) database of employee records b.) performance appraisal document (2) Rose found strong evidence that her supervisor was stealing confidential documents from the company. she immediately reported her manager's actions to the top management. Rose's action is an example of: a.) whistle-blowing b.) brainstorming c.) property deviance d.) personal aggressionWhich of the five business environments are the most relevant for grubhub 2) what are the risks and benefits of becoming an entrepreneur as opposed to working for others 3) what is the major challenge presented by comepitors like Amazon and Uber to grubhub's business 4) how does limited liability partnership differ from a general partnership in terms of liability 5)why would someone choose to francihise what are the advantages of owning a franchise 6) how is a franchise different from a partnership
- Write down the list of challenges the sole proprietor,partner or employee/manager face in the business and thesolutions to overcome the challenges, if any. How wouldyou address the challenges? If the proprietor, partner oremployee/manager offers their business ownership to youfor a month, which one of the business ownership willyou consider? Why?Q1)What are the different types of Start-Ups? Explain it with an example the difference between Breakthrough innovation and Technical innovation? Q2)Explain the Entrepreneurial Process in your own words. What is Window for Opportunity? Q3)Consider an example of your own choice to explain the major differences between Entrepreneurship and Management when it comes to Decision making? Q4)What are the skills needed for an Entrepreneur to minimize the Risk in this modern world? Q5)What is the difference between Gordon method and Brainstorming? Q6)What are the important factors that an Entrepreneur should keep in mind when conducting business activities across national boundaries? Q7)What are the methods of generating new ideas? Explain why criticism is not allowed during group Brainstorming activity?With a classmate, research a professional sports team that hasthreatened to move if locals don’t approve subsidies to builda new stadium or arena. Do you think this is a savvy businessmove on the part of the team’s owners? Or, is it an unethicalmove because area businesses will lose revenues if the teamtakes its franchise elsewhere?