This Approach Often Created by Non-Profits Recruits a Network of Representatives

question 62

Multiple Choice

This approach often created by non-profits recruits a network of representatives who pitch their wares to customers by going door to door with the primary aim of improving society.

• A)licensing
• B)franchising
• C)exporting
• D)offshoring
• E)microfranchising

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Definitions:

Contra Asset

An account on a company's balance sheet that offsets or reduces the balance of a related account.

Prepaid Expense

Expenses paid in advance for goods or services to be received in the future, treated as assets until they are actually consumed or expired.

Accounts Receivable

Receivables from clients to a corporation for products delivered or services rendered without payment.

Unearned Subscription Revenue

Unearned subscription revenue represents money received by a company for subscriptions or services not yet provided or delivered, recognized as a liability until the service is fulfilled.