Many fast-food restaurant chains, such as McDonald’s, will occasionally discontinue restaurants in their system. What are some financial considerations in deciding to eliminate a store? Although the...

Many fast-food restaurant chains, such as McDonald’s, will occasionally discontinue restaurants in their system. What are some financial considerations in deciding to eliminate a store?

Although the cost-plus approach to product pricing may be used by management as a general guideline, what are some examples of other factors that managers should also consider in setting product prices?