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Aardvark Corp

question 115

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Aardvark Corp.has three products.Two products together make up two-thirds of revenues and constitute 50 percent of company profits.Aardvark's third product makes up one-third of sales.With profitability far above the industry average, this product is responsible for one-half of Aardvark's profits.Which of the following statements regarding assessment of the general environment is accurate for Aardvark?


Definitions:

Consumer Protection Legislation

Laws and regulations designed to ensure the rights of consumers are protected against unfair practices by businesses.

Province

A territorial unit of administrative division within a country, often enjoying a certain degree of self-government.

Negotiable Instruments

Financial documents, such as checks or promissory notes, that guarantee the payment of a specified amount of money, either on demand or at a set time, with the feature of being transferrable to another holder.

Consumer Transaction

An exchange or agreement regarding the sale, lease, or provision of goods or services between a seller and a consumer.

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