Assume a Firm Would Like to Expand Its Product Line

question 16

Multiple Choice

Assume a firm would like to expand its product line.A complete expansion would cost $100 million, but the firm can raise only $75 million in financing.What is this BEST classified as?

• A) a constraint
• B) an opportunity
• C) a threat
• D) a vulnerability

Describe the characteristics and advantages of a voucher system.

Understand the principles and benefits of electronic funds transfers (EFT).

Apply journal entry preparation skills for cash transactions, including cash collections and petty cash fund management.

Identify and explain the components of a bank reconciliation and its importance.

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Definitions:

Post-training Behaviour

The application and demonstration of skills and knowledge acquired in training within the workplace.

Focus Groups

A qualitative research method where a group of people are asked about their perceptions, opinions, beliefs, and attitudes towards a product, service, concept, advertisement, idea, or packaging.

Learning Tests

Learning Tests are assessments designed to evaluate the effectiveness of educational interventions, measuring how well students have acquired knowledge or skills.

Trainees

Individuals who are undergoing training or are in a learning process to acquire specific skills or knowledge required for a job or task.