This should integrate ideas from week 3 with your own personal strategy safari - go out into the world and find strategy first hand, then tell the class about it! Find a company that has followed a strong strategic direction- state that generic strategy and the back-up points to support your position. 1. What type of change was going in the beer industry?2. With regards to Mountain Man, what aspects of the environment shifted?3. What type of industry change occurred, think of McGahan’s model?4. What is Mountain Man's generic strategy?5. Think of Mountain Man in terms of SWOT - are there potentialstrategies, other than the light beer, they could pursue - think of intersections!!!6. The Light Beer is the wrong option - you tell me why!

Powell company began the 2018 accounting period with $40,000 cash, $86,000 inventory, $60,000 common stock, and $66,000 retained earnings. during 2018, powell experienced the following events: sold merchandise costing $58,000 for $99,500 on account to prentise furniture store. delivered the goods to prentise under terms fob destination. freight costs were $900 cash. received returned goods from prentise. the goods cost powell $4,000 and were sold to prentise for $5,900. granted prentise a $3,000 allowance for damaged goods that prentise agreed to keep. collected partial payment of $81,000 cash from accounts receivable. required record the events in a statements model shown below. prepare an income statement, a balance sheet, and a statement of cash flows. why would prentise agree to keep the damaged goods?