Answer:
Tamarisk Company
Partial Balance Sheet
December 31, 2020
Current Liabilities:
Notes Payable $8,000
Long term debt
Notes payable refinanced in February 2021 $1,224,400
($1,232,000 - $8,000)
Answer: D. Would government regulations significantly impede Vytel's ability to make profits?
Explanation:
The challenge to doing business in the country is that there are barriers to entry which are most probably government regulations.
The opportunity however is that there is a demand for Vytel's products and services which means that there is a chance to make profits.
The question the consulting firm should be asking therefore is if the profits that could be made could be impacted by the government regulations so significantly that there would be no benefits.
Answer:
The correct option is C, continuous improvement.
Explanation:
Kaizen budgeting which is an offshoot of Kaizen costing approach, is a method of budgeting which seeks to continuously seek improvements to processes in order that cost reductions can be achieved on an ongoing basis within the budgetary system.
A manager is expected to analyse its departmental's processes anytime the opportunity presents itself,hence, bench-marking processes with best-in-class internally or externally,can be very useful in ensuring continuous improvement is achieved.
Answer:
Concentrated Targeting Strategy
Explanation:
Concentrated Targeting Strategy refers to a situation in which an organization focus its marketing efforts on only a specific segment of the market. That is, only one marketing mix is developed.
Concentrated Targeting Strategy allows the producer focus on the needs and wants of a particular segment of the consumers/ population. The producer directs all it's efforts to the satisfaction of a segment of the consumers.
Concentrated Targeting Strategy could be disadvantageous if the demand of the focused segment of consumers is low. Low demand will affect the financial position of an organization.