1.1 1.2 1.3 Select the scenario that best describes the application of the conservative financing policy. (a) When the temporary working capital of UR-Bakkery is low, their total funding will mainly consist of short-term deposits. (b) African Tribal Manufacturing makes use of more long-term financing. (c) Dulor Paint will invest all excess money in long-term instruments. (d) Toys Galore uses long-term financing only to support the peaks of their temporary working capital. (2) Select the option that best describes the application of selective pricing. (a) The company sets a low selling price for a product or service to improve their market share. (b) The company wishes to maximise short-term profit and sets high selling prices for their unique products. (c) After conducting market research regarding the perceived value that a specific product or service has, the company sets the selling price for that product or service on the perceived value that it has to the customer. (d) The company sets different selling prices for the same product or service in different markets. (2) Identify which ONE of the examples below will NOT be regarded as being a mission statement. (a) (b) (c) (d) "We provide children with significant emotional, behavioral or developmental disabilities with home environments that best meet his/her needs for living, learning and growing". "We as passionate committed retailers, understand and lead our customers through excellence and a deep knowledge of our products and services and the world we live in". "We serve. With our hearts we create a great place to be. With our minds we create an excellent place to shop". "We are passionate about our customers and will fight for their rights. We care for and respect each other. We support and participate in our communities. We live by honesty and integrity. We take individual responsibility. We are all accountable". (2)