Answer:
Hi!! I hope you are great. Thanks for the pts...
That would be:
B.) Defualt
Answer: B
Explanation:
Budgetary slack is a cushion created in a budget by management to increase the chances of actual performance beating the budget. Budgetary slack can take one of two forms: an underestimate of the amount of income or revenue that will come in over a given amount of time, or an overestimate of the expenses that are to be paid out over the same time period. Budgetary slack is generally frowned upon because the perception is that managers care more about making their numbers to keep their seats and gaming the executive compensation system rather than pushing company performance to its potential. Managers putting a budget together could low-ball revenue projections, pump up estimated expense items, or both to produce numbers that will not be hard to beat for the year. It also provides flexibility for operating under unknown circumstances, such as an extra margin for discretionary expenses in case budget assumptions on inflation are incorrect, or adverse circumstances arise.
Answer:
narrow product lines; deep assortments
Explanation:
product line is group of same type of product selling under a same brand name.
narrow and wide product line is defined on the basis of number of type of product being sold by a retailer.
Narrow product line is a retailing strategy which means that few type of products which is being sold by a retailer.
Example: Pizza hut which sells only limited number of eatables thus they have narrow product lines
Wide product line means very high number of different type of product is being sold by the retailer.
Example:wall mart which sells wide number of products
Assortment is strategy in retail which defines number of different brands of same type of product which is being sold by a retails.
It is of two types
shallow assortments: It means very few brands of same type of product is offered by a retailer.
deep assortment: It means large of number of different brand of same type of product is being sold by a retailer.
Specialty stores are store which sell only limited type of product but they offer wide variety of choices of brand for the products which they sell. In retail marketing term they keep narrow product line but deep assortments as mentioned in the definitions above
Since Lids is a specialty store the correct option would be narrow product line, deep assortments.
Answer:
both persons worked together to create and monetize campDoc without compensation. Also at the part where percentage of equity ownership was discussed, Ambrose referred to blumberg as a co-founder
Explanation:
From this case, there was a formulation of a partnership. Both ambrose and blumberg had discussed how to maintain medical records digitally so as to reduce the amount of paperwork. Both persons collaborated and did so eventually. Blumberg was involved in testing and marketing the program while Ambrose was in charge of administrative affairs. Problems arose when Ambrose filed campDoc as a limited liability company with himself as the sole owner.
An LLC gives a business option where the business owner has owners liability protection against debt and also company action. This is a risk reducing option.
Partnership has two or more people coming together to start or run a business. The partners have complete liability.
A partnership was formed as both persons worked together to create and monetize campDoc without compensation. Also at the part where percentage of equity ownership was discussed, Ambrose referred to blumberg as a co-founder.