Answer:
b) Lateral Thinking
Explanation:
Lateral thinking is the approach where creative and innovative ways are thought out. In this approach, problem solvers deliberately distance themselves from generic and classic approaches and thus try to come up with brand new ideas and not follow typical thinking patterns.
All the other options can be used to find solutions but they may not necessarily take this innovative approach.
Hope that helps.
Answer:
Cash flow to creditors in 2018 is −$85,000
Explanation:
2017 balance sheet of Kerber’s Tennis Shop, Inc is recorded as
Interest paid............................................................................$255,000
Less:
long-term debt in 2018.........................................................$2.21 million
Less: long-term debt brought forward from 2017..........$1.87 million
Total (taken as net new borrowing)...................................$340,000
Cash flow to creditors = 2018 Interest expense less net new borrowing
= $255,000 - $340,000
= −$85,000
Answer:
False
Explanation:
It is 'Incremental cost allocation method' that ranks the individual users of a cost object in order of users most responsible for a common cost (the most responsible will be primary user) and then uses these rankings to allocate the costs among the users (incremental users).
Stand-alone cost allocation method allocates cost proportionately among all users based on a basis which relates to each users proportion of the total. For example the basis could be proportion of sales of responsibility centers to total sales of organization.
Answer:
The answer is: You need to identify your market.- Who are your potential customers and what unsatisfied need do they have in common?
Explanation:
A marketing concept can be defined as: The idea/concept/philosophy that your business is going to follow in order to satisfy their customers' needs while reaching their business's goals.
The first thing you need to do is identify your target market, i.e. Who are your potential customers and what unsatisfied need do they have in common?
Answer:
In the first step jessica should discuss the basic and general ideas of creating business.
Explanation:
As mentioned in the question jessica teaches business studies in a college and she has to demonstrate her students the steps which would be involved in the starting of a business.
So, she has thought to demonstrate the ideas in a sequential order with proper examples and all the steps should be explained nicely.
So,here in the first step she will need to:
Start with the most basic and general idea of creation of new business.
Here we should know why a business basic idea so important:
- Because a proper plan will only lead to a business reality.
- The idea will work as a blueprint in the guidance of business
- The best idea will progressively lead to well settled company from a start-up.
