Choose the Correct Statement(s) Given the Following Information

question 81

Multiple Choice

Choose the correct statement(s) given the following information:

• A) I and II
• B) II only
• C) I only
• D) III only
• E) None of these is true.

---

Definitions:

Monitoring Costs

Expenses associated with overseeing and controlling business operations or transactions to ensure compliance and efficiency.

Salaried Managers

Managers who are compensated with a fixed salary rather than hourly wages, regardless of the number of hours worked.

Franchise

A business model where a company (franchisor) allows an individual (franchisee) to operate a location using its brand, systems, and support in exchange for fees.

Aggressive Pricing

A competitive strategy involving setting lower prices than rivals to gain market share quickly.