Answer:
a. True
Explanation:
The environment scanning means the scanning of the environment. In this, the information is collected with respect to the events and their relationship of an organization that could be internal and external. The main motive of this is to be measure the direction of the organization in near future
Also it identified the factor that impacts the success of the marketing
Therefore the given statement is true
Answer: Utilitarian approach
Explanation:
The Utilitarian approach is one of the type of concept that helps in understanding the final outcome and also the consequences in the given situation that provide the net benefit to the stakeholder in an organization.
The importance of the Utilitarian approach is that it provide the ethical choices and the principle by choosing the right action and avoiding all the negative circumstances.
According to the given question, the Utilitarian approach increase the overall dues of the social club by keeping the club solvent. So, based on the given situation we choosing the Utilitarian approach for the moral reasoning.
Therefore, Utilitarian approach is the correct answer.
Answer:
b. are willing to buy at various prices.
Explanation:
The demand of good in economics is clearly the goods that people want and are ready to pay different prices for such goods.
The goods are valuable to different people depending upon their different needs and shall be of different satisfaction to different people.
People will pay for the good according to the capacity and need.
The demand of goods does not mean the number of goods to be bought when can be received free of cost. This is because that might include the un-necessary wants of a person, but not the real demand.
The free cash flow can be calculated as below:
Revenue 12000000
Less: Expense (8000000)
Less: Depreciation (1500000)
Earnings Before Tax 2500000
Less Tax (750000)
Earnings after tax 1750000
Add Depreciation 1500000
Total Cash Earnings 3250000
Less: Change in Working Capital (500000)
Less : Purchase of Asset (700000)
Free Cash Flow 2050000
Thus Free Cash Flow can be calculated as above.