Answer: Option (c) is correct
From the given option the following is associated with the market development strategy: <em>Adding new features to products.</em>
Market development refers to the technique under growth strategy that visualize and establish new market segments for their products. This terminology targets non-buying individuals in targeted segments. This also targets new individuals in new segments.
Answer:
firm can change output levels without having any significant effect on price.
Explanation:
In the case when we say that the firm is a price taker that means the firm has the power to change the level of an output but this does not have any kind of impact on the price. They accepted the price for the prevailing market and each unit could be sold at the similar market price. It could impact the market price also they enjoy the pricing power
Therefore the above statement should be considered
Answer:
A) instrumental; terminal
Explanation:
Rokeach Value Survey (RVS) is an instrument that is used to classify values. 36 values are ranked to scale. The values are made up of 18 terminal and 18 instrumental values.
Participant in the survey rank 18 of the terminal values and then 18 of the instrumental values in order of importance to the individual.
RVS has been applied in the fields of psychology, personality, behaviour, social culture and cross-cultural studies.
Terminal values refer to desireable state of existence and instrumental values are preferable modes of behaviour.
Answer: Measurement and presentation of financial performance
Explanation: The two primary functions of financial accounting are measurement and presentation of financial performance.
The measurement function is performed by following accounting procedures and policies under US GAAP and IFRS.
Whereas, presentation function relates to preparation of financial statements like income statement and cash flow statement.
Answer:
d. The present value of perpetuity varies directly with the annual repayments.
Explanation:
A perpetuity is a security or bond which pays a fixed amount of cash flow at a fixed interval forever. So the amount it pays stays the same and it keeps paying for ever. The formula to find the present value of a perpetuity is
Cash flow of perpetuity/Interest Rate
So if the annual payment is 100 and the interest rate is 5% the present value of the annuity is
100/0.05=2,000
If we keep the interest rate the same at 5% and increase the cash flow by 100 to 200 the new present value of the perpetuity is
200/0.05=4,000
This proves that the present value of a perpetuity varies directly with the annual repayments or cash flow of perpetuity.
