Plz explain in detail 15- Which is not a difference differences between franchising and licensing?a. Franchisees will use the organization's name, while licensees will generally not.b. Franchisees receive ongoing training and business support, licensees generally, donot receiving ongoing support.C. Licensing requires a valid patenting worldwide, while franchising not.d. Franchisees will only offer authorized products and services, whereas licensees maydeal in a wide range of products and services.

Licencing: licensing is a method of acquiring the right of use of a product for the purpose of sale…

Answered: 15-Which is not a difference…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter2: Job Order Costing

Section: Chapter Questions

Problem 1TIF: Ethics in Action TAC Industries Inc. sells heavy equipment to large corporations and federal, state,...

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33. Seedoy plc's manufacturing division sells all its production to the distribution division, which then sells it externally. Which of the following is most likely to present a problem between the two divisions Agreeing on how authority is delegated within each division Agreeing on how resposibility for production is split between the divisions Agreeing on how resposibility for marketing is split between the divisions Agreeing on a fair transfer price between the divisions. 34. Prestwich Ltd's directors have continued to trade after the point where they should have concluded that insolvent liquidation of the company was inevitable The directors have engaged in market abuse wrongful trading fraudulent trading insider dealing
How can Firms that do not want to become involved in licensing or to become heavily involved in global marketing engage in contract manufacturing?
ABC Corporation is the sole_providerof a particular service.in-the country.The government has-opened themarket for another competitorthrough an anti-monopoly law. Whatshould ABC-do? A. Assess how this would affect the business and determine whether it can improve production processes, lower costs, and improve its service.B. Purchase all available raw materials and prevent the competitor from having smooth operations.C. Identify its rights in the constitution to prevent the new competitor to exist.D. Reduce negative environmental and community impact through corporate social responsibility and persuade the government to not implement the law.
43. Kaz is a professional accountant who works in TCW plc’s finance function. She is partnering in the long term with the marketing function. According to ICAEW’s guide yo finance business partnering, Kaz’s ethical principle that is most under threat by this relationship is Integrity Objectivity Confidentialty Professional behaviour 44. The cross elasticity of demand between Product X and Product Y is negative This means that the Product X and Y can be classified as Complementary goods Substitute goods Inferior goods Normal goods
1. Regulations have been imposed on FitzQ plc’s industry to improve sustainability among industry participants. FitzQ plc’s response to the regulations demonstrates the Porter hypothesis. How should FitzQ plc’s response to regulation be classified ? Innovation Full compliance Mere compliance Non-response 2. Glassen plc is considering entry into a new product market. The company’s Marketing Director has requested information on each of the following aspects of the potential new product market (1) The extent to which competitions are balance (2) Market growth rates (3) Fixed costs, exit barriers and operational efficiency (4) The management structure of competitors According to Porter’s Five Forces theory, which of the above aspects are relevance in determining the level of competitive rivalry in the potential new product market ? (1), (2) and (4) only (1), (2) and (3) only (2), (3) and (4) only (1), (3) and (4) only
Requirement 1: A diversified food company is considering the closing of its condiment division. What qualitative factors should be considered before discontinuing a division or product line? Requirement 2: An automobile manufacturer has decided to allow outside suppliers to bid on all parts necessary to make its vehicles. What qualitative factors should be considered by management in deciding whether or not to turn over the production of a part to an outside supplier?
Management accounting guidelines. For each of the following items, identify which of the management accounting guidelines applies: cost–benefit approach, behavioral and technical considerations, or different costs for different purposes. Analyzing whether to keep the billing function within an organization or outsource it. Deciding to give bonuses for superior performance to the employees in a Japanese subsidiary and extra vacation time to the employees in a Swedish subsidiary. Including costs of all the value-chain functions before deciding to launch a new product, but including only its manufacturing costs in determining its inventory valuation. Considering the desirability of hiring an additional salesperson. Giving each salesperson the compensation option of choosing either a low salary and a high-percentage sales commission or a high salary and a low-percentage sales commission. Selecting the costlier computer system after considering two systems. Installing a participatory…
10. Which of the following correctly describes the support activities of the value chain? The firm infrastructure includes accountants in the auditing service line of an accounting firm. Technological development includes gathering technical knowledge, hardware and software necessary for the improved operations of the other activities in the value chain. The procurement activity focuses on undertaking supplier background checks and negotiating prices. The human resource department is solely in charge of the number of employees to hire and the pay which those employees will be receiving. 11. Aling Rosa is a sari-sari store owner. Along the street where she operates her store, there are three other stores offering similar products at similar prices. What should she do to allow her business to thrive in the next three to five years? Determine whether building good supplier relations will allow her to lower costs, and therefore provide lower prices. Determine whether selling hard-to-get…
For each of the following items, identify which of the managementaccounting guidelines applies: cost–benefit approach, behavioral and technical considerations, ordifferent costs for different purposes.1. Analyzing whether to keep the billing function within an organization or outsource it.2. Deciding to give bonuses for superior performance to the employees in a Japanese subsidiary andextra vacation time to the employees in a Swedish subsidiary.3. Including costs of all the value-chain functions before deciding to launch a new product, but includingonly its manufacturing costs in determining its inventory valuation.4. Considering the desirability of hiring an additional salesperson.5. Giving each salesperson the compensation option of choosing either a low salary and a high-percentagesales commission or a high salary and a low-percentage sales commission.6. Selecting the costlier computer system after considering two systems.7. Installing a participatory budgeting system in which…
Which of the following statements are true about globaliza-tion methods? a. International licensing involves the creation of a new company that is owned by two or more firms from dif-ferent countries. b. Exporting involves contracts that allow a foreign com-pany to use a domestic company’s trademarks, patents, processes, or technology.c. Global sourcing involves the close coordination ofresearch and development, purchasing, marketing, andmanufacturing across national boundaries.d. A wholly owned international subsidiary is createdwhen a foreign government owns 100 percent of theequity in a U.S.-based firm.
113-It is very common phenomenon that every business tries to earn maximum profit. In doing so many efforts are carried out by the companies to increase the sales. Marketing department puts its effort in the form of designing an eye-catching advertisement which attracts customers. "Those companies who spend more on advertisement, have more operating expenses as compared to others who advertise less." This statement is the perfect example of a. Neutral statement b. Normative statement c. All of the options d. Positive statement

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