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Author Question: Value pricing means finding the balance between ________ and ________ that will give your target ... (Read 40 times)

jilianpiloj

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on: Jul 6, 2018
Value pricing means finding the balance between ________ and ________ that will give your target customers the value they seek.
 
  A) Quality, price
  B) Quality, quantity
  C) Quantity, price
  D) Price, features
  E) Cost, price

Question 2

What franchising issues would you need legal assistance to address? How would that affect your decision to franchise or not to franchise?
 
  What will be an ideal response?
Entrepreneurship and Small Business Management ¦ Mariotti, Glackin ¦ 2nd Edition
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bimper21

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Reply #1 on: Jul 6, 2018
Answer to Question 1

A

Answer to Question 2

Franchises are governed by state and federal laws and regulations. The Franchise Disclosure Document (FDD) is the primary source of information regarding the disclosures to be made by franchisors. Since the agreement between a franchisor and a franchisee is a legal agreement, a franchise would need legal assistance. Student responses could vary in terms of whether this would affect their decision to franchise or not.


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