Answer:
The correct answer is B Market penetration
Explanation:
Market penetration strategy is one of the four growth strategies and it involves focusing on selling your existing products or services into your existing markets to gain a higher market share.
Answer:
here correct option is A. $7,000
Explanation:
given data
Stripling earned = $700,000
collected cash = $710,000
company wrote off = $8,000
revenue = 1 %
to find out
net realizable value of receivable
solution
we will find here amount of uncollectible expense that are for year 2
amount of uncollectible expense = Sales revenue for year 2 × revenue %
put here value we wet
amount of uncollectible expense = $700,000 × 1 %
amount of uncollectible expense = $700,000 × 0.01
amount of uncollectible expense = $7,000
so here correct option is A. $7,000
Management is important for the growth of an organization and its success. Management is essential for organizing, leading, and controlling the resources of the organization. The importance of management can be based upon the following:Planning: Planning is the most important function of management. Planning helps in determining the goals and objectives of the organization. It involves developing policies, procedures, rules, regulations, and programs to achieve these objectives. Planning is a necessary process as it helps to achieve the goals and objectives of the organization.Organizing: Organizing is another important function of management. It involves determining the resources needed to achieve the objectives of the organization. Organizing involves developing a structure that helps in the smooth flow of information and helps to achieve the goals of the organization.Leadership: Leadership is important in management as it helps to influence and motivate people to achieve the goals of the organization. Leadership involves inspiring, guiding, and directing people to achieve the objectives of the organization.Controlling: Controlling is the last function of management. It involves measuring the performance of the organization and taking corrective measures to improve the performance of the organization. Controlling helps in evaluating the performance of the organization and taking corrective measures to achieve the objectives of the organization.In conclusion, management is important for the growth and success of the organization. Management helps in planning, organizing, leading, and controlling the resources of the organization. These functions help in achieving the goals and objectives of the organization.
Answer: Work plan
Explanation:
A work plan is a step by step procedure used by an individual/organization to enable them effectively achieve their objectives.
A business research project is an extensive study done on a business, to obtain ways of improving the business and increasing sales.
For a business research project to be effectively conducted, a work plan that outlines steps to be taken should be created and strictly followed.