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NEW QUESTION: 1
When FarmCot Foods was founded five years ago, it was a small shop set up by a family of dairy farmers in a disused farm shed, selling their own produce to the local community. The family had decided, at that point in time, to diversify their dairy farming activities into also selling their own milk, cheese and ice cream products.
The aim was to increase their revenues, as dairy farming in their home country had been in decline for a number of years.
Since then, the shop has been very successful and has expanded rapidly over the last three years, due largely to a strong growth in tourism in its home country and a shift in consumer demand for locally sourced fresh farm products. FarmCot Foods is now located in a large purpose-built building on the site of the original farm shed and also operates a very popular cafe, a children's play area and sells a much wider range of products and gifts, which are all sourced from local suppliers.
Which of the following best describes FarmCot Foods approach to strategy development in the last five years?
A. Emergent
B. Rational
C. Incremental
D. Freewheeling opportunism
Answer: A

NEW QUESTION: 2
Which are considered the 4 Career Path Competencies of a Project Director?
A. Business Development; Communication;
B. Balance Sheets; Income Statements; Billing; and, Negotiation
C. Innovation; Human Resource Management; Scheduling; and Negotiation
D. Financial Management Skills; Business Development; Communication; and Technical
Answer: D

NEW QUESTION: 3
Which of the following actions can you perform when defining the fiscal yearend close parameters in Microsoft Dynamics AX 2012?
A. Delete close-of-year transactions during transfer.
B. Set the Main accounts to the default value for the new fiscal year.
C. Create an opening balance for the new fiscal year.
D. Set the period status to current for new fiscal periods.
Answer: A