Answer:
Explanation:
Its importance is that it is a draft prepared by the accountant, with the purpose of preparing, based on it, the main financial statements, such as the profit and loss statement, the balance sheet and the surplus.
Answer:
The correct answer is C)
Explanation:
Whether or not companies in the industry expanded their capacity is really not of much concern. What should concern management are the other factors:
- Forecasted Demand Vs Actual Demand: This tells us what has happened in the market
- Forecasted Growth in Demand: This tells us what might happen in the market
- Industry-wide capacity to meet demand is critical information: This tell us what other companies are doing and how it is shaping the market. That is, is the market saturated or not.
- If beginning inventories are very high, in each of the regions reported, installing additional production capacity is not a very sound business decision.
Cheers!
Entrepreneurs can avoid getting 'caught up in the hype' surrounding their product or service by always maintaining a level head and not obtaining an ego.
Answer:
D) Repositioning
Explanation:
Perceptual mapping is the graphical representation of a product to explain the consumers' perception.
Product positioning is a method to explain the product's benefits to the targeted consumers.
Product differentiation is the process of distinguishing a product from other goods to force the customers to purchase.
Psychographics is a qualitative explanation based on the consumers' preferences.
Finally, <em>repositioning</em> is focusing on changing the customers' view engaged with the brand or product. It usually depicts a variety of a product's brand image. Since Mott's used an advertising method that changes the consumers' thought and perception, he used this <em>repositioning</em> strategy.
