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Select the Factors affecting the value of goodwill of a firm from the following. (A) Financial Soundness of Employees employed in the organisation.

Question

Select the Factors affecting the value of goodwill of a firm from the following.
(A) Financial Soundness of Employees employed in the organisation.
(B) Nature of business affects Goodwill of a firm.
(C) Centrally located business enjoy more Goodwill.
(D) Limited Competition help firm to earn more and thus their goodwill will be high.
(E) Efficiency of Management has no direct influence on Goodwill of a firm.
Choose the correct answer from the options given below :

(A), (B) and (C) only

(B), (C) and (D) only

(C), (D) and (E) only

(A), (C) and (E) only

Solution

Correct option is B

The factors affecting the value of goodwill of a firm include:
(B) Nature of business
(C) Location (e.g., a central location)
(D) Limited Competition.

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