Case summary:
Company S, the largest chain of drive-in fast-food restaurant in the U.S. The company knows the value of motivated entrepreneurs as the owner started from doing a job as a milkman. After starting own business with go-getter attitude, Mr. T opened several restaurants making all major decisions. As a result, most of the Mr. T’s early ventures failed but Mr. T didn’t let those initial disappointments set him back. After analyzing, Mr. T decided to expand the area for parking for its customers as well as hired servers for bringing food directly to the customer’s cars.
This approach helped a lot in the growth of the business. A local grocer named Mr. C approached for investing in the business but both of them ended up forming
Characters in the case:
The main characters in the case are Company S, Mr. T and Mr. C.
Adequate information:
Mr. T, owner of the company S after coming into the partnership with Mr. C decided not to take more partners and started expanding business by franchising.
To determine: The difference between franchise and partnership.
Want to see the full answer?
Check out a sample textbook solutionChapter 5 Solutions
CONNECT CARD F/UNDERSTANDING BUSINESS
- What significant role context plays in social interactionsarrow_forwardThe losses for the pump in the previous question are estimated to be 15% of the relative dynamic head at inlet to the impeller and 45% of the dynamic head at inlet to the diffuser. Calculate the head delivered and the efficiency of the pump. Answers: 4.12m;75.4%arrow_forwardDescribe the difference between coaching and mentoring. Which would you work best in an organization experiencing systemic organizational change? Explain choice.arrow_forward
- Many students are surprised to learn that employees may be fired for any reason not expressly prohibited by the law. As we have seen, the law requires employers to accommodate a fairly wide range of employee behaviors and conditions. However, there are still classes of employees and behaviors that are not protected by federal law, e.g., sexual orientation or political affiliation. Should the law be expanded to cover additional classes and behaviors? Why or why not?arrow_forwardSaturated moist air at 15 °C and standard atmos- pheric pressure undergoes a process which has a sensible-heat ratio of SHR 0.70. After the process, the dry-bulb temperature is 40 °C. By the psychrometric chart, determine the following at the end of the process: (a) humidity ratio, (b) dew-point temperature, (c) relative humidity, and (d) wet-bulb temperature.arrow_forwardDraw a plant with esthetic: solar csp tower that powers brayton cycle, has a fish farm as cogeneration. and heat storage; label every component and show flow directionsarrow_forward
- We are all from different social, cultural, economic, and demographic backgrounds. This human resource course brought us together as one group. discuss your experience learning about your classmates and how it impacted your understanding of people from other backgrounds. Reflect on what you learned in this course, and describe how you envision using your knowledge for personal or professional succarrow_forwardhttps://web.p.ebscohost.com/bsi/pdfviewer/pdfviewer?vid=1&sid=893c3f08-cf0a-4524-bfec-e7d61e03aa2a%40redis Base on the link above i need help answering the following for week 2 How would I consider myself an engaged employee? would the questions make you think of anything that can be done your healthcare organization to increase employee engagement and performance? Would I add any questions to the list? How can managers in the health care industry utilize these questions?arrow_forwardIf a test were scored using a criterion-referenced approach, which of the following would most correctly explain a student's low score to the student's caregivers? In relation to the standards and learning objectives covered on this test, your child is not yet proficient. Compared to other children in this class and across the state, your child performed less than average. Your child did better on this test than the previous one.arrow_forward
- Design a normalized order management database with the requirements provided below. Each record should have at least one primary key field specified. After identifying the records and their corresponding fields, draw an entity-relationship (ER) diagram to illustrate the relationships between entities and attributes.arrow_forwardTRUE or FALSE: It is not worth the loss of instructional time to have students process and act upon their feedback; students generally don't care about the feedback, anyway.arrow_forwardWhich of the following grading practices are considered to be inaccurate, ineffective, and/or harmful for student learning? (Select ALL that apply.) Using the 100-point grading scale Grading everything a student completes (including homework and practice) to encourage compliance Giving or reducing points for behavioral work habits (e.g., being on time for class, participation, submitting assignments on time) Boosting a student's grade because they tried really hard, even though they haven't yet met the learning goals Not allowing a reassessment because the student should have learned it the first timearrow_forward
- Understanding BusinessManagementISBN:9781259929434Author:William NickelsPublisher:McGraw-Hill EducationManagement (14th Edition)ManagementISBN:9780134527604Author:Stephen P. Robbins, Mary A. CoulterPublisher:PEARSONSpreadsheet Modeling & Decision Analysis: A Pract...ManagementISBN:9781305947412Author:Cliff RagsdalePublisher:Cengage Learning
- Management Information Systems: Managing The Digi...ManagementISBN:9780135191798Author:Kenneth C. Laudon, Jane P. LaudonPublisher:PEARSONBusiness Essentials (12th Edition) (What's New in...ManagementISBN:9780134728391Author:Ronald J. Ebert, Ricky W. GriffinPublisher:PEARSONFundamentals of Management (10th Edition)ManagementISBN:9780134237473Author:Stephen P. Robbins, Mary A. Coulter, David A. De CenzoPublisher:PEARSON