Answer:
D. InFocus conducts focus groups to determine its target market.
Explanation:
Just took the test!
Answer: commercialization
Explanation:
Concept testing is the stage at which survey is being carried out for a particular product. This is done in order to know how consumers will accept a new product before such product is finally introduced to the market.
Since the product has passed the concept testing, the next step will be commercialization. This is when the product is then introduced and the business is managed in order to make profit.
Answer:
b. the budget is adjusted to the actual activity for the period.
Explanation:
A flexible budget performance report is a comparison between actual costs and revenues, and the budgeted income and expenses at the end of a period, based on actual performance. The report shows the difference between the actual results and the estimated numbers. Management uses the report to determine if the company's results were in line with management expectations.
The performance report is prepared at the end of a financial period. It helps the management analyse any major variances between the actual performance at the estimated numbers at the beginning of a period. The report helps the management identify the companies strong areas, and the sections that need improvements.
Businesses have a moral obligation that must be politically enforced.
Explanation:
Businesses working from profits often use indiscriminate measures to garner profits for themselves while using their capital as economically as they can.
This includes the exploitation of workers. To counter this, we have trade unions.
Similar is the situation for conservation<u>. Environmental issues indirectly affect the whole population of the country and every company has a part in it. Hence environmentally secure sanctions need to be put in place even if it eats into the company's profits.</u>
