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3 years ago

1.5 marks

Business

1 answer:

ratelena [41]3 years ago

3 0

Answer:

C) 15 months

Explanation:

As per the law, a company with two or more shareholders must hold an Annual AGM every year. The AGM for a new company must be held within the first nines months after the financial year.

The AGM for an existing company must be held not later than six months after the end of a financial year. However, the law has set 15 months as the maximum gap of time allowed between two general meetings.

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Which of the following is true about a "credit"?I. It is part of the double-entry procedure that keeps the accounting equation i

likoan [24]

Answer:

ALL

Explanation:

All of the following is true about a "credit"

I. It is part of the double-entry procedure that keeps the accounting equation in balance because, double entry is made up of 'debit' and 'credit' as the principle states: 'credit the giver and debit the receiver' hence, in order for the accounting equation to be balanced, every debit must have a corresponding credit

II. It represents a decrease to assets because just like the principle states: 'credit the giver and debit the receiver', it therefore implies that a 'credit' entry will decrease the balance on the account because it is giving.

III. It represents an increase to liabilities because liability accounts already have credit balances by nature, therefore a 'credit' entry will be increasing the already existing credit balance.

IV. It is on the right side of a T-account. This is a true statement because in T-account construction the debit is on the left and the credit on the right.

5 0

3 years ago

The Project Evaluation and Review Technique (PERT) was developed as a means of scheduling and controlling projects with constant

astra-53 [7]

Answer: False

Explanation:

The Program Evaluation and Review Technique (PERT) is used to know the schedule tasks and also know the critical path variation. It is useful to know the length of time that'll be needed for the completion of every task and how it relates to others in order to know the entire time needed to complete the particular project.

The Project Evaluation and Review Technique (PERT) is not a means of scheduling and controlling projects with constant activity times. The activity time normally varies.

3 0

3 years ago

uestions 1. How has an understanding of consumer behavior helped Coppertone grow in the United States and around the globe? 2. D

aniked [119]

Explanation:

1. This knowledge has enabled them to quickly adapt to the needs of its consumers in the United States and around the world.

2. The five stages of the purchase decision process are problem identification, search for information, comparing alternatives, the decision to buy, and the post-purchase feedback.

1. Problem identification involves recognition by customers that they have a problem.

2. Search for information is a stage in which these customers look for the solution to the identified problem.

3. Comparing alternatives requires customers to compare and contrast solutions offered by companies in terms of their cost advantages and disadvantages.

4. The decision to buy stage is when the customer decides to buy the product from Coppertone based on perceived advantages from their comparison of solutions.

5. Post-purchase feedback by consumers is a measure of the performance of the product they bought.

3. i) Situational influences: this could be thoughts about spending time outdoors at the beach or going on a road trip.

ii) Psychological influences: this may be in the form of self-awareness about the need to protect their skin and to improve their general well-being.

iii) Sociocultural influences: they probably came from a background where beauty treatments are esteemed and part of their culture.

4. Interestingly, Coppertone is one of the major sponsors of the U.S. women's and U.S. men's soccer teams. It also does TV, social media, other digital marketing campaigns.

5. i) They face the threat of unstable demand since they deal with a seasonal product.

ii) Constant product innovation is very much needed in order to meet customer needs.

Recommendations are:

i) Publicity campaigns should be carried out to encourage all-round usage, to avoid the habit of customers waiting for the season before purchasing the product.

ii) Creating new Innovative products should be a priority for the organisation in order to appeal to their needs.

5 0

3 years ago

Using a computerized Inventory Management System, a Paint Supply Store franchise continuously monitors the inventory of all the

KonstantinChe [14]

Answer:

A. $348.29

Explanation:

Given that:

The Paint Supply Store franchise sells an average of 30 gallons of Red Paint every week (for 52 weeks per year)

i.e weekly demand = 30 gallons

Since 30 gallons is demanded weekly

Then annual demand for a year that contains 52 weeks = 30 × 52

= 1560

Order quantity = 70 gallons

Thus; number of orders = annual demand for a year / order quantity

number of orders = 1560 /70

number of orders = 22.2857

Price per gallon = $2.00

Time to receive order = 1.25 weeks

Administrative cost Ordering paint (i.e ordering cost per order) = $15

The total Ordering cost per order = number of orders × ordering cost per order

The total Ordering cost per order = 22.2857 × 15

The total Ordering cost per order = $334.2855

Holding cost = 20% of the purchase price per gallon per year

Holding cost = 20/100 × $2

Holding cost = 0.2 × $2

Holding cost = $0.4 per unit per year

∴

The Inventory Holding cost = ( order quantity /2 ) × holding cost

The Inventory Holding cost = (70/2) × 0.4

The Inventory Holding cost = 35 × 0.4

The Inventory Holding cost = $14

Finally, Total Annual Inventory Cost for the company's current policy is :

Total Annual Inventory Cost = Total Ordering cost per order + Inventory Holding cost

Total Annual Inventory Cost = $334.2855 + $14

Total Annual Inventory Cost = $348.2855

Total Annual Inventory Cost ≅ $348.29

5 0

3 years ago

A company exhibits strategic intent when ______.

Tcecarenko [31]

Answer:

The correct answer is A. it relentlessly pursues an ambitious strategic objective, concentrating the full force of its resources and competitive actions on achieving that objective.

Explanation:

A strategic intention is the aspiration of a corporation that aims at its effective development in the long term, for this reason it must be an objective for which all personnel have appropriated. Normally, in order to reach this level, the company must go through a stage of recognition, analysis and projection where the market and growth expectations are taken into account in order to go in the best way for the benefit of both its internal and external users.

3 0

4 years ago

Read 2 more answers