Ask Question
26 March, 07:23

Corporations that operate a hotel without capital outlay in exchange for a percentage of gross sales are known as A. Franchises B. Leasing Companies C. Management Companies D. Vacation brokers

+1
Answers (1)
  1. 26 March, 08:06
    0
    The correct answer is letter "C": Management Companies.

    Explanation:

    Management Companies are third parties in charge of handling businesses' activities and funds expecting a fee in return that is usually a proportion of the funds being managed or a percentage of the income generated. Management Companies pool a wide variety of professionals such as managers, accountants, and economists among others.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Corporations that operate a hotel without capital outlay in exchange for a percentage of gross sales are known as A. Franchises B. Leasing ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers