The strategic move that is most likely being implemented by Flavor Bell in this scenario is "rejoinder".
<u>Option:</u> A
<u>Explanation:</u>
Rejoinder is a short answer that is always sharp or funny, or is a legal concept corresponding to a defendant's response to a complainant's complaint. In business firms like Sweet Cream and Flavor Bell, where both have same targeted audience i.e low-calorie ice-cream consuming customers.
In this case the rejoinder is the response which Flavor Bell gave to Sweet Cream by reducing the market price of their respective products to attract more and more customers by decreasing prices and increasing quality. Affordable or pocket friendly ice-creams with low-calorie is on demand so this rejoining process is the part of business.
Answer:
The correct answer would be option D, Scholarships
Explanation:
Scholarships are basically grants, given to students who cannot pay for their education expenses. Grants are the funds that are given to an entity by the Government or financial institution or any institution which the receiving party is not required to repay. Grants are usually given to the non profit organizations, Educational institutions, individuals or businesses to help them grow and meet their expenses better. So scholarships are the grants given to students by the college authorities to continue their education and meet their educational expenses and the students are not required to payback these student scholarships.
Answer:
Sunk cost
Explanation:
The sunken cost is the expense previously incurred that will not be compensated in future. Plus, it's also called past expense.
The cost at the time of decision-making is not significant and it should be ignored.
In the given question, the $3,500 spent which is not now recovered and hence represents the sunk cost
Answer:
Depreciation expense = $4,400
Accumulated depreciation = $13,200
Explanation:
Depreciation: The depreciation is the amount which decreases the value of the asset. It can be by obsolescence, usage, tear and wear, etc.
The annual depreciation is given i.e. $4,400 which will be charged in depreciation expense whereas the accumulated depreciation would be equal to
= Annual Depreciation × useful life
= $4,400 × 3
= $13,200
