This is a question on Entrepreneurship. The two sectors where Mama Meals plays are:
- Logistics and ;
- Foods/Refreshment Sectors.
<h3>What are the two reasons why Naisiadet might be described as an entrepreneur?</h3>
- The first is she knows how to identify Opportunities;
- The second is, she knows how to convert opportunities in to money making operations. See The first sentence of the first paragraph; and the first sentence of the third paragraph.
<h3>Explain Two benefits to Naisiadet of Researching the market for the proposed business</h3>
- The first benefits is that it helped her to discover the size of her market - 5% of the people in Nairobi.
- The second is that they were middle income earners.
<h3>
Was it a mistake for her not to have had a business plan?</h3>
Yes. Business plans are essential for laying out the long-term goals of a business.
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Answer:
C. using more liberal credit terms to increase sales
Explanation:
According to the question it is given that the ratio of account receivable turnover has measured that comes 12 times which means it took 30 days
= 365 ÷ 12
= 30.41
= 30 days
But according to the competition, the ratio of account receivable turnover is 8 times so the competitor took 45 days
Therefore the Management of marian would have more liberal credit terms that would increase the sales
Answer:
A) Analogous Estimation
Explanation:
Analogous Estimation is the process of comparing past costs and expenses of projects to make estimations for the current projects. This is usually used when there is data limitation for accurate estimations on the current projects.
Parametric is where a unit rate is devised to calculate project costs comprising of several units.
Bottom up estimation deals with estimating smaller cost components and then using the sum of these components to make larger estimates.
Option D is based on rough estimates on the time and effort required for a project.
None of the other options thus take into account past work other than the analogous estimation technique.
Hope that helps.
Answer:
A) 19.91%
Explanation:
Net present value of cash flow at 19.91% can be calculated as follows
- 100000 + 30000/1.1991 + 30000/ (1.1991)² + 30000/(1.1991)³ + 30000/ (1.1991)⁴ +30000/(1.1991)⁵ + 30000/ (1.1991)⁶
= -100000 + 25018 +20864 +17400 +14511 +12101 +10092
= 0 ( approx )
So the IRR for the project is 19.91 % .
