What is meant by an organic approach?
The way a plant or animal grows is an organic approach. It starts small and increases in size. But even when it is small it still has all the essential components and is fully functional. As it grows it develops more capability and expands its scope. Developing a piece of software "organically" attempts to take a similar approach. It starts small, but is functional, and grows piece by piece adding more capability.
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What are the obligations involved in providing credit information?
Strategies to restructure a diversified company's business lineup involve
A. revamping the strategies of its different businesses, especially those that are performing poorly. B. revamping the value chains of each of a diversified company's businesses. C. divesting low-performing businesses that do not fit and acquiring new ones where opportunities are more promising to put a new face on the company's business makeup. D. focusing on restoring the profitability of its money-losing businesses and thereby improving the company's overall profitability. E. broadening the scope of diversification to include a larger number of smaller and more diverse businesses.
Milltown Company sells used cars. During the month, the dealership sold 22 cars at an average price of $15,000 each. The budget for the month was to sell 20 cars at an average price of $16,000. Compute the dealership's sales volume variance for the month.
A. $10,000 favorable. B. $32,000 favorable. C. $22,000 unfavorable. D. $32,000 unfavorable. E. $22,000 favorable.
What is the golden rule to remember when it comes to pitching a business plan to an investor?
a. The venture founder is in control. b. He or she who has the money rules! c. He or she who has the venture idea rules! d. None of the above