1. You have been appointed as a business manager of Global Paints Uganda Ltd, which is based along Kampala
road. You have been tasked to increase the market share
and the profit potential of the company.
a) How do Michael Porter's five forces of competition in an
industry affect the market share and profit potential of
Global Paints Uganda Ltd.
b) Describe with examples the importance of Business
Environment Analysis for a business firm.

Agood for which demand increases as income rises is and a good for which demand increases as income falls is

At a small store, a customer enters the front door on average every 8 minutes. a prior study indicated that the time between customers entering the front door during weekdays follows an exponential distribution. what is the probability that the time between customers entering the store on a weekday will be less than or equal to 7? select one: a. 62 b. 43 c. 1/8 d. 7/8 e. 58

Sye chase started and operated a small family architectural firm in 2016. the firm was affected by two events: (1) chase provided $25,000 of services on account, and (2) he purchased $2,800 of supplies on account. there were $250 of supplies on hand as of december 31, 2016. record the two transactions in the accounts. record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. post the entries in the t-accounts and prepare a post-closing trial balance.