Suppose that you would like to open your own auto garage. you have picked out a location, obtained the proper permits, signed a lease, and found people who want to work for you. now you need to decide if you should open a franchise or open the garage independently. which of the factors below might cause you to go with a franchise? choose one or more: a you want to operate as cheaply as possible, avoiding any unnecessary expenses b. you do not want to have to advertise much or build up your reputation at first. c you want to make your garage stand out as the best in town by providing services and customer care not seen at other garages. d. you want your customers to have a similar experience as they would at ottler auto garages owned by a parent company.

Based on the supply and demand theory, why do medical doctors earn higher wages than child-care workers?

Apharmaceutical packaging company (ppc) has decided to reorganize its processes into cells. the company has four different production operations, each requiring a unique piece of equipment. the names and functions of the four pieces of equipment are sort, count, place, and package. the company packages five different families of products (a, b, c, d, and e). the tables below indicate the demand (total units/day by product family), required operations, and operation cycle times for each product family. assume that any individual piece of equipment is available to operate 16 hours/day, but 2 hours (in total) are lost each day on each piece of equipment due to breaks and meetings when operators are not available to operate the equipment. how many minutes/day are available for production

Cash flow is often a problem for small businesses. how can an entrepreneur increase cash flow? a) locate lower-priced suppliers. b) forego sending in estimated tax payments to the irs c) shorten the terms on a bank loan to pay it off more quickly d) sell more low-margin items.