The major shortcoming of competitor analysis is that it focuses on the weaknesses of competitors but ignores their strengths.
Answer the following statement true (T) or false (F)
False
Competitor analysis is an organized approach for evaluating the strengths and weaknesses of competitors' marketing strategies.
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Sawaddee Enterprises began the year with total assets of $450,000 and total liabilities of $230,000 . If Sawaddee's total assets doubled to $1,000,000 and its owners' equity remained the same during the year, what was the amount of its total liabilities at the end of the year?
a. $220,000 b. $680,000 c. $780,000 d. $900,000
________ is a clustering procedure where all objects start out in one giant cluster. Clusters are formed by dividing this cluster into smaller and smaller clusters
A) Non-hierarchical clustering B) Hierarchical clustering C) Divisive clustering D) Agglomerative clustering
All of the following statements related to goods on consignment are true except:
A. A consignee sells goods for the owner. B. The consignor continues to own the consigned goods. C. Goods on consignment are goods provided by the owner, call the consignor. D. The consignor reports the goods in its inventory until sold. E. The consignee reports the goods in its inventory until sold.
Clapton Inc would like to prepare an income statement for March. Their production department records show that total product costs in March were $225,000 when 50,000 units were produced. Their sales department records show that 46,000 units were sold for $16 each. Monthly administrative and marketing expenses totaled $60,000. What should be net operating income for March? (Ignore taxes)
A) $529,000 B) $473,800 C) $451,000 D) $469,000