Explanation:
If I am hired as brand manager I would do the following:
Step 1: To conduct an analysis with Production team & Sales Team
This step serves as the base to understand the challenges, process and the victory achieved so far. The aim is to promote the product. So it is necessary to analyze the challenges from both production team and mainly with sales team. I would do an analysis and find possible ways to fix those.
Step 2: Conduct a training program associated with step 1
After analyzing the possible way, since I don't have a direct control over the team, I would conduct a training program and will list down ways to face the challenge and promote the product. It will be conducted as a "Knowledge-sharing session"
Step 3: Concentrate on advertisement too
The best way to reach the product is through advertising through the media. The best advertisement can attract people and bring business.
Step 4: Re-analysis: This is where an hand-holding process gets initiated and continue through out. Once again go back to step 1 and the process continues.
Answer:
The answer is: B) the areas in which the firm may have an advantage and how much various organizational parts enhance each other.
Explanation:
Business level strategy deals with the business's position in the market relative to its competition and the forces of competition. This is why it focuses on the business's core competencies and how its customers's needs are satisfied. Stronger core competencies equal greater consumer satisfaction which equals larger profit.
I believe the answer is Time management
Answer:
c. The "apparent," but not necessarily the "true," financial position of a company whose sales are seasonal can change dramatically during a given year, depending on the time of year when the financial statements are constructed.
Explanation:
Financial statements are used to show the financial activity of a business within a given period.
One of the principles of a accounting is periodicity. This requires businesses to report their financial position at regular intervals consistently, and not in an inconsistent manner. So if a business reports their finances twice a year. At year end and at mid year, it is possible that at mid year due to seasonal sales performance will be high and business is perceived to be highly profitable.
But financial report at end of year in the off-season will show low performance.
So for seasonal businesses there can be apparent view of a business during the year that can change dramatically because of time at which reports are made.
Answer:
$31,000
Explanation:
The computation of the cash collected from customers is shown below:
Cash collected from customers = Sales + Decrease in accounts receivable
= $30,000 + $1,000
= $31,000
We simply added the sales and the Decrease in accounts receivable so that the accurate amount can come
All other information which is given is not relevant. Hence, ignored it
