Answer:
Phillip is stunned because he has not been attending to the management function of "controlling".
Explanation:
The four management functions are; planning, organizing, leading and controlling.
Controlling involves monitoring the processes and activities involved as an organization works, according to laid down plans, towards achieving set goals and objectives.
<em>Phillip is stunned because he has not been monitoring comparing the progress made so far with the strategic plan (i.e. he has not been controlling the strategy implementation activity).</em>
Answer:
a.the court will find that the third party is a holder in due course and, despite the fact that TP has defrauded Choi, not require the third party to repay Choi
Explanation:
In the event where TP who sold a franchise to Choi decides to go out of business and transfers everything to a third. In a lawsuit the court will find that the third party is a holder in due course and, despite the fact that TP has defrauded Choi, not require the third party to repay Choi.
Answer:
B) The increased title sales will offset advertising costs.
Explanation:
I solved this using an elimination process, since we can infer:
- that customer demand should increase due to the new advertising campaign.
- the sales of the new title should help increase the total sales volume.
- since the advertising campaign is about the new title, it sales should be affected by it.
- hopefully a lot of customers that listen or watch the advertising campaign will buy the new title.
The only thing that we are not given any information about is the cost of the advertising campaign, so there is no way we can tell if the increased sales will offset the costs.
Answer:
Persuasive Advertising
Explanation:
The goal of persuasive advertising is to convince customers that your product is better and different and that they should choose it over any other option. This is different than information advertising which focuses on informing customers not persuading them.
Answer: Equilibrium price is $3 and equilibrium quantity is 40 units.
Explanation:
Demand equation is given by,
Therefore the demand equation is given by, 
Supply equation is given by
Therefore, the supply equation is given by,
Equilibrium is given by
