What is the basic difference between the growth rate-relative market share matrix approach and the multifactor portfolio matrix approach?
What will be an ideal response?
The two-factor matrix provides a useful approach for reviewing the role that different products play in a company. However, at times there may be factors other than market share and growth rate that bear heavily on a business’s performance. This has led many corporations to develop multifactor matrices.
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Andrea Apple opened Apple Photography on January 1 of the current year. During January, the following transactions occurred and were recorded in the company's books:1. Andrea invested $13,500 cash in the business in exchange for common stock. 2. Andrea contributed $20,000 of photography equipment to the business. 3. The company paid $2,100 cash for an insurance policy covering the next 24 months. 4. The company received $5,700 cash for services provided during January. 5. The company purchased $6,200 of office equipment on credit. 6. The company provided $2,750 of services to customers on account. 7. The company paid cash of $1,500 for monthly rent. 8. The company paid $3,100 on the office equipment purchased in transaction #5 above. 9. Paid $275 cash for January utilities. Based
on this information, the balance in the cash account at the end of January would be: A. $15,250. B. $18,700. C. $41,450. D. $12,225. E. $13,500.
Most written proposals include all of the following components EXCEPT a(n):
A) overview B) schedule C) objective D) hypothesis E) rationale
An instrument stating on its face, "Pay to Robert Stevens or bearer" is
a. nonnegotiable. b. negotiable. c. an order instrument. d. a draft.
Morse, age 35, is a bartender for the Nordic Restaurant in Nevada. Craig brought twenty of his friends to the restaurant to celebrate a rare soccer victory and he ordered four rounds of drinks. The bill totaled $250 . Craig later learned that Morse failed to renew her bartender's license, and Nevada requires a license to be a bartender. Craig refuses to pay, claiming the contract is unenforceable
because Morse lacks a license. Requirements for such a license in Nevada include that the applicant be 21 years old, a non-felon, and pay a $100 fee. a. The contract is voidable at Craig's option. b. This contract must be in writing to be enforceable. c. The contract is valid and Craig must pay the bill. d. The contract is void because Morse lacks the appropriate state license.