The Boutique Chocolate Factory The Boutique Chocolate Factory (BCF) is based in Dunedin and supplies chocolate across Otago. The firm only produces three distinct flavours of chocolate, being Rich Dark, Mint Chill and Cranberry Vintage. BCF has substantially increased its sales since the Cadbury chocolate factory in Dunedin closed down in 2018. Budgeted and actual sales data for its 1kg blocks of chocolate for December 2019 are shown in Exhibit 1. BCF forecasts a 25% market share of total 1kg blocks of chocolate sold in Otago in December 2019 in Springfield. Reliable industry sources indicate that the total number of 1kg blocks of chocolate sold for December 2019 in Otago was 12.5% higher than budgeted.

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A:

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Portfolio Management

Portfolio management is the process by which an investor decides that how the person will invest in a variety of assets in order to get a desired return in the future. A portfolio means a pool of assets that includes securities, bonds, and other investment instruments which helps in risk minimization of the money that has been invested. In other words, it can be said that a portfolio means a combination of assets in which an investor decides to invest their money in order to get a lump sum return in the future or even a series of cash flow that the person is expecting at the end of their job life.