Aardvark Corp

question 115

Multiple Choice

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?

• A) The company should monitor the general environment for changes that might affect the revenue of all products.
• B) The company should monitor the general environment for changes that might affect the profitability of the most profitable products.
• C) The company should monitor the general environment for changes that might affect the profitability of all products.
• D) The company should monitor the general environment for changes that might affect the revenue and profitability of all products.

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Definitions:

Ordinal

Relating to a categorical ranking in which the order of the values is significant, but the difference between them is not uniformly spaced.

Census

A complete enumeration or count of a population at a set point in time, gathering various demographic, social, and economic information.

Survey

A method of gathering data from a sample of individuals to discover information about a larger population.