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How is the goodwill of a firm affected?

13. How is the goodwill of a firm affected?

1. Time
2. Location
3. Management Efficiency
4. All of the above

Answer: D) All of the above

Explanation:

Assuming the firm is halfway found or situated in an extremely unmistakable spot, it can draw in, more clients bringing about an expansion in turnover. The nearly old firm will appreciate more business notoriety than the other one since the bygone one is better known to its clients albeit the two of them might have the equivalent locational benefits. The effective administration may likewise assist with expanding the worth of generosity by expanding benefits through appropriate arranged creation, dispersion and administration.