Answer:
b. Market penetration
Explanation:
As Nutrimax Corp has designed extensive and elaborate advertising campaigns for its existing products. The campaign mainly focuses on the features and benefits of the products that differentiate the cereals from the competition. Nutrimax Corp. is using market penetration strategy. In market penetration strategy, firm wants to increase and expand its business and sales by focusing on the existing market with the help of existing products and services as it has been done by Nutrimax Corp in this case. Firm targets the same customers with the same products and services but with better and enhanced advertisement, product features, offers, discounts and schemes.
Answer:
(a) They take a personal stake in the success or failure of the business.
Explanation:
Entrepreneurs are some of the most multiverse, multi -talented and diverse people. They try to perform different roles at same time like they are the project managers, a risk taker, an accountant, a marketer and a salesman etc.
Entrepreneurs play a key role in any economy. These are those that have the talents and initiative necessary to anticipate current and future desires and produce sensible new concepts to the market.
They carefully analyze market conditions and also they take a personal stake in the success or failure of the business.
So, option (a) is correctly fitted.
Answer:
Entry's
Debit Credit
Retained earnings 100,000
Dividend payable 100,000
Explanation:
Because the dividend is declared in July but not paid in July the entry in July will be of dividend payable and not cash, dividend payable will be credited as it is a liability which is increasing and we credit when a liability increases. Secondly we will debit retained earnings because the dividends will be paid from the retained earnings and whenever retained earnings decrease we debit them. We calculate the amount by multiplying the number of shares by the dividend per share (50,000*2) = 100,000
Answer:
D) Interpersonal Skills
Explanation:
Since the team has professionals of various specifications. Some are very experienced, some are freshers.
So, it is likely to increase the professional difference of opinions between the team members. Hence, it is very important for company members to be trained for Inter Personal skills. This would make them better understand & coordinate, cooperate with various team members, despite of their differences. The better unified team efforts would make their efforts better directed towards company common goals.
A Bachelor’s degree would at least need to be acquired for individuals who wish to work as a chamber of commerce officer and a public affairs officer. This is because the positions do not require more specialized knowledge like the other occupations in the options. While a person who wishes to work as an attorney, a principal, a speech-language pathologist, and a federal aid coordinator, would need a master’s degree at minimum.