Answer:
a. True
Explanation:
It is correct to say that Stephen is exhibiting a high level of hope because he had the idea of organizing a small introductory meeting in order to introduce himself to local companies and thus break the initial nervousness that could occur if he did not previously know his potential client. With this introductory meeting for greater integration between him, who is the new insurance agent and the companies that are his potential clients, there may be greater interaction, greater possibility of closing deals and greater customer satisfaction, lessening insecurity, etc.
Answer:
a. True
Explanation:
Horizontal integration is the competitive strategy in which the business entities operated at the value chain. Here the value is created in four sources like competitive industry, lesser cost, increased differentiation, and access to the new market & distribution channels.
Hence, the given statement is true
Answer
The answer and procedures of the exercise are attached in the image below.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
protectionism, trade barriers and free trade sure!
Answer:
C. $355,000
Explanation:
Cash balance at the end of the year is the total of opening cash and net cash inflow or outflow for the year. Net cash inflow or outflow is the total sum of cash provided or used by operating, investing and financing activities.
Cash balance at the end of the year = Beginning cash balance + Net cash flow for the year
Cash balance at the end of the year = Beginning cash balance + ( Cash flows from operating activities + Cash flows from investing activities + Cash flows from financing activities )
Cash balance at the end of the year = $310,000 + ( $185,000 + (43,000) + (97,000) )
Cash balance at the end of the year = $310,000 + $45,000
Cash balance at the end of the year = $355,000
