In a short essay, discuss gap analysis
What will be an ideal response?
Gap analysis is a method for estimating a company's potential sales by identifying reasons for not serving markets adequately. When sales are lower than the estimated market potential for a given type of product, the company has potential for increased sales. The distribution gap represents sales lost to competitors who distribute where the company does not. The product line gap represents sales lost to competitors who have product variations the company does not have. The competitive gap is the remaining unexplained sales lost to competitors who may have a better image or lower prices.
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Kotter Mining Company purchases a gravel pit for $2,500,000 . It estimates that 5,000,000 tons of gravel can be extracted over the pit's useful life. If 1,000,000 tons are extracted during the first year but only 750,000 tons are sold, what amount should be recorded for Gravel Inventory and Accumulated Depletion, respectively?
a. $125,000 and 375,000 b. $375,000 and $125,000 c. $375,000 and 375,000 d. $125,000 and $500,000
The IMF forbids member states from imposing restrictions on the payments or transfers involving current international transactions
Indicate whether the statement is true or false
Bonds A, B, and C all have a maturity of 10 years and a yield to maturity of 7%. Bond A's price exceeds its par value, Bond B's price equals its par value, and Bond C's price is less than its par value. None of the bonds can be called. Which of the following statements is CORRECT?
A. If the yield to maturity on each bond decreases to 6%, Bond A will have the largest percentage increase in its price. B. Bond A has the most price risk. C. If the yield to maturity on the three bonds remains constant, the prices of the three bonds will remain the same over the next year. D. If the yield to maturity on each bond increases to 8%, the prices of all three bonds will decline. E. Bond C sells at a premium over its par value.
What is the difference between managing and leading?
What will be an ideal response?