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Which of the following is a common goal for all pricing strategies?
Question 19 options:
a) Earn a profit
b) Build and maintain market demand
c) Both (a) and (b)
d) None of the above
Question 20 (2 points)
Which of the following is NOT an indicator of job satisfaction levels?
Question 20 options:
a) Productivity
b) Teamwork
c) Tardiness
d) Suggestions
Question 21 (2 points)
Which of the following is NOT a method used when valuing a business?
Question 21 options:
a. Cash Flow
b. Payroll
c. Past Earnings
d. Liquidation value
Question 22 (2 points)
The best example of a conversion franchise:
Question 22 options:
a. A McDonalds closes and a Subway opens at its location
b. A mom and pop tax business becomes an H&R Block
c. A Taco Bell and a KFC decides to share space
d. A Jersey Mikes decides to just sell subs under the brand Mike and Company.
Question 23 (2 points)
Which is not an advantage of purchasing a franchise:
Question 23 options:
a. Receive training from the franchise company
b. Financial assistance from the franchise company
c. Franchise company guarantees your success
d. The franchise company has a proven track record
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