Ask Question
25 March, 07:15

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. 25 March, 07:16
    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 the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers