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Mahesh wants to start his business and for that he decides that he will take loan for Rupees 7 Lakhs from the Bank of Baroda. He also decides to use his saving worth 3 lakhs in the bank account to start the business. Discuss how these two transactions will be recorded in the books of accounts by passing the relevant journal entries? How these transactions will be reflected in the Books of accounts (that’ is in the financial statements)? Lastly, conclude your answer by stating the applicability of which accounting assumption/s you did the above mentioned accounting treatment/ recognition and presentation in the books of accounts.
What kind of action taken by the stakeholders damaged the brand's reputation? Give an examples of one stakeholder in the case study of Tresemme
What will happen if a shoe firm sells its shoes at a price lower than the opportunity cost of the inputs used in the production process?
TRESemmé has employed you as a public relations manager to help with stakeholder relationships and manage the brand's reputation. You are now part of the management team. You are looking forward to helping management to understand their stakeholders and how these stakeholders can impact on the company’s reputation. You also want them to understand the impact of the company’s operations on stakeholders. Answer the following questions.
Question 1
What is TRESemmé's reputation, based on the media report? Motivate your answer. (5)
What kind of action taken by the stakeholders damaged the brand's reputation? Give an example by using only one stakeholder from the case study. (10)
As a public relations officer for TRESemmé, do you think that pulling off the products from the shelves for 10 days will repair the reputational damage to the brand caused by the advert? Motivate your answer.
1. Discuss the effects of global warming on the economy
2. Briefly explain the enforceability criteria for evaluating environmental policy. Apply it to the Tobacco Products Control Amendment Act, 12 of 1999, of South Africa.
3. Use the graph to explain whether an efficient level of emissions can be attained in two different regions for example an urban and a rural area
4. If the net benefits of a particular environmental policy were judged to be regressively distributed among different income groups, would this be sufficient to oppose the policy?
5. Explain the difference between “the national efficient level” for one country and the “global efficient level” for two countries (in bilateral agreements).
This question is based on the following diagram which shows the marginal cost and average total cost curves for a perfectly competitive firm.
If the market price is R10
- A. the firm is losing money in the short run
- B. the firm earns R10 profit on each unit sold
- C. the firm earns R8 profit on each unit sold
- D. marginal revenue equals R10
During the latter stages of entrepreneurial growth, the manager must implement all the following except ___________.
Select one:
a. neglecting greater use of rules and procedures
b. learning how to delegate and decentralize authority
c. instituting greater use of rules and procedures
d. must hiring sufficient management to handle the growth
Which of the following is not a characteristic of a good partner?
Select one:
a. Do not exploit the partnership
b. Untrustworthy
c. Share entrepreneur’s vision
d. Help to achieve goals
Before starting your own business __________.
Select one:
a. have insufficient capital, unskilled employees, as the business grows, capital will increase
b. look for a market small enough not to generate a profit
c. no correct answer from the options provided
d. make sure that you have the right tools to succeed
