other organizations
nonprofit organization
Institution that functions much like a business, but does not operate for the purpose of generating profits
advantages of franchises
Management training and support, standardized quality, national advertising programs, financial assistance, centralized buying power.
royalties
The share of earnings given by a franchisee as payment to the franchiser
cooperative
a business organization owned and operated by a group of individuals for their mutual benefit
what are royalties
a percentage of a franchise's earnings paid to the parent company
business franchise
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
which of the following is a nonprofit organization that promotes the interests of a particular industry
a trade association
producer co-operative
agricultural marketing cooperative that helps members sell their products
your family's house needs a new roof in order to find out which roofer are reliable InCharge fair prices your family should call your local
better business bureau
a semi-independent business that pays fees to a parent company for exclusive rights to do business in a certain area
business franchise
your uncle owns a convenience store that has branches Nationwide his store is an example of a
business franchise
the biggest a business organization owned and operated by a group of individuals for their mutual benefit
cooperative
which of the following is a business organization owned by a group of people for their mutual benefit
cooperative
service cooperative
cooperative that provides a service, rather than a good
which of the following is not an example of a nonprofit organization
fast food franchise
your neighbor has just bought an auto repair franchise what should your neighbor not expect as a new franchise owner
freedom of choice in selecting products
your neighbor has just brought an auto repair franchise what should your neighbor not expect as a new franchise owner
freedom of choice in selecting products
disadvantages of franchises
high franchising fees and royalties, strict operating standards, purchasing restrictions, limited product line
you decide to go to a consumer cooperative to buy supplies for your class party prices are cheaper there mainly because consumer cooperatives
make large purchases
which of the following is not a kind of cooporative
nonprofit cooperative
institution that functions much like a business but does not operate for the purpose of generating profits
nonprofit organization
business association
nonprofit organization that promotes collective business interests for a city, state, or other geographical area, or for a group of similar businesses
trade associations
nonprofit organization that promotes the interests of a particular industry
professional organizations
nonprofit organization that works to improve the image, working conditions, and skill levels of people in particular occupations
what are organizations that are in the business of benefiting society and operate like a business called
nonprofit organizations
what is a common factor all non-profit businesses share
play pay no income tax
what is an organization that attempts to improve the image and working conditions of people in a particular occupation called
professional organization
share of earnings given as payment
royalty
in return for a fee to a franchisor a business owner receive the right to
sell the franchisers goods and services
which is not a disadvantage of a franchise business
the parent company's guidance on running the business
which of the following is true for museums public schools and YMCAs
they are exempt from paying taxes
what is a common factor all non-profit businesses share
they pay no income tax
what is the function of a purchasing cooperative or co-op
to obtain lower prices for members
nonprofit organization that promotes the interests of a particular industry
trade association