The Manager of a Company That Produces Soy-Based Sausage Wants

question 73

Multiple Choice

The manager of a company that produces soy-based sausage wants to conduct a competitive analysis. What should the manager look at?

• A)the political/legal climate of the region  
• B)technological changes that affect food processing  
• C)business confidence indices for the restaurant and hospitality industry  
• D)individuals who make their own sausage

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Definitions:

Collections

The act of seeking out the settlement of debts from businesses or individuals.

Operating Activities

Cash flows related to the day-to-day functioning of a business, such as selling products or services, which are included in the first section of the cash flow statement.

Merchandiser

A business or person who promotes, buys, sells, or distributes goods and commodities for resale.

Income Statement

A report that outlines a business's financial results, including income, expenses, and net profit or loss, for a designated accounting period.