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What is a semi independent business that pays fees to a parent company in return for the exclusive right to sell a certain product or service in a given area called?
Wiki User
∙ 11y ago
Business franchise
Wiki User
∙ 11y ago
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What does 'outsourcing' mean?
Outsourcing basically means: the hiring of outside, independent workers to do some part of a company's job.
Why are most businesses considered small?
A small business is another term for independent business. This means the company is locally owned, isn't tradable on the stock market, etc.
What is the definition of economic forces?
Economic forces are certain factors that are considered in making decisions of a company that can either bring success or failure in their business. These elements in business are the key factors in determining the next steps and strategies that a company must implement.
How do social factors effect the business?
One way social factors affect a business is by helping the business learn about consumer preferences. Using technology for location-based advertising helps a company use targeted ads and messages.
Nature and objectives of business policy?
A written business policy is to protect a company against future legal issues or for sales. A company may have an environmental policy of using a certain type of paper because it is good for the environment. This is a great marketing gimmick for those that sell to environmentally minded people. A company may have certain safety policies to protect themselves from litigation. Two people, for example, may be required to use a ladder.
What is a semi-independent business that pays fees to a parent company in return for the exclusive right to sell a certain product or service in a given area called?
Business franchise
What is an independent business?
An independent business is one that is owned by a private company. Some examples of independent businesses are small business, locally-owned businesses, and startup businesses.
What does 'outsourcing' mean?
Outsourcing basically means: the hiring of outside, independent workers to do some part of a company's job.
Who is the owner of the BMW company?
BMW is owned by itself (BMW) as it is an independent business.
What is meant by the term shell company?
A "shell company" is a term in business law. A shell company is a company that does not own any assets or work as an independent company but exists only to control other companies or to carry out particular business for the owners.
What is the business area of the company Protaras?
Protaras is not a company, but a city in Cyprus. If you are looking for a certain business in Cyprus, then you can check their attractions, and see what is available.
What is a SBU?
SBU stands for Strategic Business Unit, which is an independent unit within a larger company with its own business strategy and objectives.
What is a business module and company structure?
Business module - can be related to theories in Business. They are set guidelines for you to understand a business scenario you are in. Depending on the situation, certain modules can be stated as tactics that are used in the Business world to overcome certain challenges a company faces.Company structure - are forms of how a company is assembled internally. This usually relates to as the operations of how a company runs. Depending on company size and targeted markets, the structure of a company will change accordingly to fit the needs of the company's maximum operations.
Define large scale company?
A company is an association of members formed for carrying out business activities and has a legal status independent from its members.
What is a 1099 company?
A 1099 company is a business that is mostly in form of self-employment or an independent contractor. One can file for exemption of some takes under such a company.
Does state farm have farmers?
Sure it does, and teachers, and ditch diggers, and everything else. They and every other insurance company are not exclusive to any certain profession.
Why are most businesses small?
A small business is another term for independent business. This means the company is locally owned, isn't tradable on the stock market, etc.
