I have a tough dilemma between A,B,E but my feeling from knowledge is leaning towards E
Answer:
Earning growth rate will be 12 %
Explanation:
We have given that Bennington Enterprises earned $34.07 million this year.
Return equity = 16 % = 0.16
Retained earning = 75 % = 0.75
We have to find the firm's growth rate
We know that growth rate is given by
Growth rate = Return on equity × retained earning
So firm's growth rate will be equal to = 0.16×0.75 = 0.12
Therefore the earning growth rate will be 12 %
Answer:
c. production orientation
Explanation:
Production orientation approach for innovation -
It refers to the method of production , the quality of product is very important , as a good quality product is sold very easily , is referred to as production orientation approach .
The concept is used along with targeting the right area of audience , in order to produce the best products , and the targeted consumers can efficiently use them , which will increase the demand of the product , and hence , the profit of the company will increase .
Hence , from the given scenario of the question ,
The correct term is c. Production orientation approach for innovation.
Answer: The manufacturer, because the shoe store's revocation of its offer was too late.
Explanation:
Based on the scenario given in the question, if the store manager subsequently refuses the manufacturer's delivery on December 1, and thee manufacturer sues the shoe store for breach of contract, the manufacturer will prevail because the shoe store's revocation of its offer was too late.
According to the mailbox rule under the contract law, this is the default rule that's used to determine when an offer is considered to be accepted and when there's communication of the acceptance. In this case, the revocation is too late therefore the manufacturer will prevail.