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Zarrin [17]
2 years ago
9

An entrepreneur has purchased a gym franchise and been very disappointed in the results. The franchise has not earned what the e

ntrepreneur had hoped, and the entrepreneur has needed more support than the franchiser has to offer. In addition, there is far more management and paperwork involved than the entrepreneur expected, so she is finding that running a gym is just not what she wants to do. She has decided to close the club when her franchise expires in six months and open a yoga studio instead. Explain what a fiduciary duty is and give two examples of what the franchisee would need to do to uphold her fiduciary duty in the remaining six months.
Business
1 answer:
katovenus [111]2 years ago
5 0

She would sell the gym and open a yoga franchise

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Neutronics makes four different models of gas identifiers. Next year, the company anticipates total overhead costs of $2.5 milli
Rainbow [258]

Answer:

Predetermined manufacturing overhead rate= $33.33 per direct labor hour

Explanation:

Giving the following information:

Next year, the company anticipates total overhead costs of $2.5 million.

Estimated direct labor hours= 75,000

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 2,500,000/75,000

8 0
2 years ago
Imagine that you are a manager at Applebee’s, a restaurant chain. Turnover is always a challenge with restaurant employees, and
Daniel [21]

Answer:

D. Your interventions to the core job characteristics are likely to be effective.

C. Growth need strength

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2 years ago
Assuming that the listing broker and the selling broker in a transaction split their commission equally, what was the sales pric
Contact [7]

Answer:

b. $79,800

Explanation:

the commission is split in two equal part

one for the listing broker and one for the selling broker.

if the selling kept 2,593.5

then, the listing also receive 2,593.5

We add them and obtain the total commission:  5,187

This represent the 6.5% of the property

now, we calculate for the total value of the real state:

property x broker commision = broker proceeds

property x 6.5% = 5,187

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5 0
2 years ago
A major lottery advertises that it pays the winner $10 million. However, this prize money is paid at the rate of $ 500,000 each
My name is Ann [436]

Answer:

We have to discount these payments to find the present value

500,000

500,000/1.1

500,000/1.1^2

500,000/1.1^3

We keep on doing this until we reach 500,000/1.1^19

After that we add all the payments and get the value. A less time consuming way of doing it is using a financial calculator

Pv=?

N=19

FV=0

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=4,182,460.05 we add 500,000 to this because the first payment was not discounted=4,682,460.05= Present Value.

Explanation:

8 0
2 years ago
1. Describe Village Volvo's service package.
Novay_Z [31]

Answer:

See the explanation for the answer.

Explanation:

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a) Implicit Service:-Mechanics of Volvo provides very friendly environment with positive attitude. They acts as helping hand to customers by providing them advice/consultancy.

b)  Explicit Service:-Volvo provide high quality of repair services with a reasonable price thereby ensuring that all Volvo vehicles are running smoothly with no problems.

c)   Facilitating goods:-They provide good waiting area for their customers with services such as TV, coffee, soft drink machine newspaper.

d)  Supporting facility: - They occupy new building and keep it neat and clean. This building include all facilities as per requirement.

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2. Distinctive characteristics of a service firm illustrated by Village Volvo are:-

a)  Trust

b)  Customer comfort and satisfaction

c)  Respect

3. Village Volvo can manages its back office like a factory by adoption framework of quality management i.e

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b)  Stressing more on security of its employees

c)  Create friendly environment for employees to work in and provide employee satisfaction.

d)  Provide a sustainable growth.

4. Village Volvo can differentiate itself from Volvo dealers from following ways:-

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b)  Professional mechanics/agents

c)  Through service excellence, village Volvo can create a differentiation.

3 0
1 year ago
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