A company conducting marketing research discovers that a 10% increase in the price of its product results in a 5% decrease in the quantity demanded of its product Elastic.
What is Quantity demanded?In economics, quantity demanded refers to the total amount of a good or service that consumers demand over a given time period. It is determined by the price of a good or service in a market, regardless of whether or not the market is in equilibrium. Demand is the quantity of a good or service that consumers are willing and able to purchase at a given price over a given time period. The quantity demanded is the amount of a good or service that people will buy at a specific price and at a specific time. This equation can be used to calculate the quantity demanded: Qd = a + b(P), where an is the x-axis intercept, b is the demand curve's slope, and P is the price of the good.To learn more about Quantity demanded, refer to:
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owen is exploring possible career pathways in logistics and transportation. he likes problem solving and is very passionate about helping to keep the planet safe. what career pathway might be a good fit for owen?
Owen is researching potential career paths in logistics and transportation. He enjoys problem solving and is deeply committed to helping to keep the planet safe. Distribution and Logistics could be a good career path for Owen.
What are the various career options?Knowledge-based, skill-based, entrepreneur-based, and freelance are the four types of career paths. Every career path requires a specific set of qualifications to help you do your job. Knowledge-based career paths allow you to apply what you've learned over time to your job. Career Pathways is a workforce development strategy used in the United States to assist workers in making the transition from education to and through the workforce. The National Career Clusters Framework classifies jobs into 16 groups based on shared skill sets, interests, abilities, and activities. Career pathways are sub-groupings of the clusters. The National Career Cluster Framework includes 79 career paths.To learn more about Career paths, refer to:
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Answer:
The answer is
Health, Safety, and Environmental Management
Explanation:
Other than I took the k12 Career test, we can know that this is the correct answer because, as we see in the passage Owen is very caring to the environment and life around him, and this is the only answer/option that includes that
Have a good day good luck on the rest of the quiz!!
10. What's money used to start up a new small
business or help a business expand during a growth
period?
You look for seed finance from angel investors, then proceed to venture capitalists, and finally make an initial public offering, depending on the stage your business is in and its capacity to generate profits (IPO).
What Is Startup Capital?
The money a new business raises to cover its start-up expenses is referred to as startup capital. A strong business plan or a working prototype must be built by entrepreneurs seeking startup money in order to sell their concept.
Which funding options do small business owners frequently use?
When they are short on cash, small enterprises in the startup stage may employ debt finance or equity financing to raise money. One type of debt financing that small business entrepreneurs use is a bank loan. Allowing stakeholders to own a portion of the company is known as equity financing.
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when quantity demanded has increased at every price, it might be because group of answer choices the costs incurred by sellers producing the good have decreased. the number of buyers in the market has decreased. the price of a complementary good has decreased. income has increased, and the good is an inferior good.
When a quantity demanded has increased at every price, it might be because the price of a complementary good has decreased.
What is a quantity demanded?Basically, in economics, a demand refers to the quantity of a good that consumers are willing and able to purchase at various prices during a given time. The term "quantity demanded" means the total amount of a good or service that the consumers demand over a given interval of time.
Most times, a quantity demanded depends on the price of a good or service regardless of whether that market is in equilibrium or not. In this context, when it increases at every price, it could be because the price of a complementary good has decreased.
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a company issues $50,000 of 5%, 10-year bonds dated january 1 and pay interest semiannually on june 30 and december 31 each year. the bonds are sold for $48,000. using the straight-line amortization method, the company will amortize the discount by $ on each semiannual interest payment.
The Debit to Cash $500,000; and credit to Bond Payable $500,000 for the above situation .
What is semiannual interest payment ?
Something that is paid, reported, published, or otherwise occurs twice a year, often once every six months, is referred to as semiannual. Semiannual simply means that something happens twice a year. For instance, a business might throw company celebrations every two years, a couple might celebrate their marriage every two years, and a family might take a vacation every two years. Anything that occurs twice a year occurs every two years.
Understanding semiannual is crucial when buying bonds. The yield that a bond pays to its bondholder is typically used to define the bond. A bond worth $2,000, for instance, might have a yield of 5%. To comprehend the payment you would get as the bondholder, it is critical to know whether this 5% is paid annually or semiannually.
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in internet-enabled supply chain management (scm), activities such as coordinating just-in-time (jit) inventory programs with vendors and suppliers and conducting customer demand analysis are part of .
The internet-enabled supply chain management (scm), activities such as coordinating just-in-time (jit) inventory programs are part of (A) production scheduling
The process of organising, managing, and optimising work and workloads in a manufacturing or production process is known as scheduling. Scheduling is used to distribute resources for equipment and buildings, prepare for human resources, organise work processes, and buy goods.
Scheduling planning is the process of assigning different raw materials, resources, or processes to different products. It is designed to make your manufacturing process as efficient and cost-effective as possible in terms of materials and people – all while delivering products on time
Complete Question
In Internet-enabled supply chain management (SCM), activities such as coordinating just-in-time(JIT) inventory programs with vendors and suppliers and conducting customer demand analysis are part of _____
(A) production scheduling
(B) procurement
(C) inventory management
(D) order processing
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the adjusted trial balance is prepared a.to verify the equality of total debit and credit balances. b.to determine the net income or loss. c.to determine whether the balance sheet is in balance. d.all of these choices are correct.
The adjusted trial balance is prepared-b.to determine the net income or loss
To ascertain net income or loss, the income statement is prepared.
Prior to creating the balance sheet, the adjusted trial balance is created. Therefore, it is possible to tell whether or not the balance sheet will be balanced once it has been prepared.
According to the double entry system, every transaction contains two components. One involves receiving, while the other involves giving. As a result, the transaction is broken down into a credit or providing aspect and a debit or receiving element.
The two aspects are recorded to balance the transaction. As a result, the amount of debit and credit must always be equal.
To demonstrate whether the two totals are equivalent, a statement is created. This statement is called the trial balance. An unadjusted or adjusted trial balance is prepared to show that the total debit is equal to total credit.
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drew suspects that his shift leader is stealing from the cash drawer at the end of his shift. they frequently work together and drew contemplates if he should report this incident. the reason for avoiding this conflict is
C. The potential for backlash
While this cannot be avoided, one of the reasons for avoiding this conflict is the possibility of backlash from the shift leader.
Conflicts in organizations also lead to disrespect and unnecessary tensions. Individuals gossip about others and pollute the environment; you may be an excellent performer and a diligent worker, but if you continue to backlash with your coworkers, you will undoubtedly earn a bad reputation.
When is it appropriate to avoid it:
When a problem is trivial and other problems are more important or pressing, devote your time and energy to the latter.When there is no opportunity to address the issue constructively, attempting to solve it will be futile and may worsen the situation.To learn more about backlash, refer:
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The complete question is:
Drew suspects that his shift leader is stealing from the cash drawer at the end of his shift. They frequently work together and Drew contemplates if he should report this incident. The reason for avoiding this conflict is
Multiple Choice
A. the possibility of a promotion.
B. he enjoys confrontation.
C. the potential for backlash.
D. he’ll have a better workplace relationship.
E. it will decrease his stress.
he expansion of health care coverage to include more uninsured persons creates both external costs and external benefits. a. indicate whether each of the following is a potential external benefit or a potential external cost by placing each item in the appropriate bin:
Expansion of health care coverage to include more uninsured persons creates both external costs and external benefits to improving health care
Why Do We Need to expansion of Health Care Costs?All people can have possibilities to live better, healthier lives thanks to advancements in health care. However, the U.S. health care spending growth rate continues to outpace economic expansion at an unsustainable rate. The single biggest concern threatening the country's long-term budgetary health is the rate of rise in health care costs. Increasing pressure to control health care costs necessitates that limited healthcare resources used equitably and judiciously. Healthcare expenditures must be correlated with high quality and efficiency in the delivery of services to improve health outcomes. This requires understanding the benefits and effectiveness of clinical procedures, recognizing the major drivers of health care costs, and identifying potential means for achieving savings.Everyone will have access to preventative care, which will reduce the prevalence of chronic illnesses that can be avoided. If someone has a disease, they will have access to education and rehabilitative care. The results for overall health will be better. A more productive workforce is one that is healthier.
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during 2024, jacobsen wrote off $18,900 in receivables and recovered $6,900 that had been written off in prior years. jacobsen's december 31, 2023, allowance for uncollectible accounts was $44,500. using the balance sheet approach, what amount of allowance for uncollectible accounts should jacobsen report at december 31, 2024?
Using the balance sheet approach, $52,000 is amount of allowance for uncollectible accounts should Jacobsen report at December 31, 2024
What is uncollectible accounts?Receivables, loans, or other debts that have essentially no chance of being paid are referred to as uncollectible accounts. A debt may become uncollectible for a number of reasons, such as the debtor's bankruptcy, an inability to locate the debtor, the debtor's fraud, or the absence of adequate documentation to support the existence of the debt.
We have given that:
The beginning balance of allowance for uncollectible amounts: $44,500$18,900 in receivables were written off (the balance increase)$6,900 in recovered the amount which were written off in 2019 (the balance decrease)Hence, the ending balance of allowance for uncollectible amounts should Jacobsen report at December 31, 2024 by using the balance sheet is
⇒$40,000+$18,000 -$6,000
⇒ $52,000
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Which of the following is typically not a feature of savings accounts?
Answers:
No checks
Earns interest
Withdrawal limits
A debit card
Answer: No checks is not a feature of savings account
Explanation: No checks is typically not a feature of savings account. On opening a savings account we do get a passbook and checkbook facility. Cheques are used for quick withdrawal of money or submission of funds
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assume the following information from a schedule of cost of goods manufactured: total manufacturing costs to account for $ 230,000 ending work in process inventory $ 22,000 what is the cost of goods manufactured?
The cost of products manufactured is $208,000 if the schedule of cost of goods manufactured is as follows: Ending work in process inventory is $ 22,000, and total manufacturing costs are $230,000.
Total manufacturing expenses
Add beginning WIP inventory and subtract ending WIP inventory to get the cost of goods manufactured for the year.
As a result, cost of items manufactured = 230000 – 22000 = $208000.
The total manufacturing cost is the sum of all the costs spent by a company's production process during a specific time frame. To ascertain a company's profitability, management and manufactured investors frequently compare it to all revenues.
Costs for direct labor, direct materials, and overhead are included in the TMC. The direct labor involved in producing a good or providing a service during a specific time period is referred to as the cost of direct labor. The cost of direct materials refers to the price of the manufactured supplies purchased during a specific time period to manufacture a good or provide a service. Costs known as "overhead" are those that aren't directly connected to the production of a good or providing a service, but nonetheless help the company turn a profit.
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contract manufacturers who manage their customers' entire product lines and offer services ranging from inventory management to delivery and after-sales services are prime examples of vertical integration.
Vertical integration is exemplified by contract manufacturers who manage their customers' entire product line and provide services ranging from inventory management to delivery and after-sales services. This is a false statement.
What Exactly Is Vertical Integration?Some manufacturers use vertical integration to manage all aspects of the product development-to-delivery process. With these robust internal capabilities, manufacturers can design, engineer, test, mill, mold, mass produce, and distribute from a single source.Vertical integration entails acquiring or developing one or more critical components of a company's manufacturing process or supply chain. Vertical integration can be seen in Netflix's shift from licensing shows and movies from major studios to producing its own original content. Vertical integration is an expansion strategy in which one company takes control of one or more stages of a product's production or distribution. Vertical integration allows a business to operate and direct different aspects of its manufacturing, distribution, and sales operations.
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project managers employ lots of useful tools, many supported by software. wbs, schedules, and budgets are tools taken from the dimension of the project management process.
Project managers employ lots of useful tools, many supported by the software. WBS, schedules, and budgets are tools taken from the Technical dimension of the project management process.
The technical dimension is a general environmental dimension that includes scientific and technological progress in industry and society as a whole. Technical aspects included scientific and technological advances in specific industries and society at large.
One of the most important characteristics of being human, language belongs to the technical dimension (it is a tool). There were also means of communication such as radios, telephones, televisions, books and typewriters (computers today).
The technology aspect focuses on identifying how technology is integrated into the current organization. This technical dimension asks whether companies offer digital solutions to their customers in their products and services, and whether digital communications and e-commerce are applied.
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What term is used to describe the process of eliminating a dimension of a data cube, such as might be done when summarzing product sales by quarter into total annual sales?.
The term that used to describe the process of eliminating a dimension of a data cube, such as might be done when summarizing product sales by quarter into total annual sales is data reduction.
Data reduction can be described as a process of reducing the amount of capacity required to store data. Data reduction can reduce costs and increase storage efficiency. Storage vendors will often describe storage capacity in terms of effective capacity and raw capacity, which refers to data after the reduction. here are at least four types of Non-Parametric data reduction techniques, such as:
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identify the scenarios as examples of elastic, inelastic, or unit elastic demand. a. when ruko, a device used to stream movies at home, increases prices by 51 percent, total revenue decreases by 59 percent. b. when cinema supreme decreases ticket prices by 19 percent, total revenue does not change. c. when bluebox, a streaming service for foreign television shows and movies, increases its prices by 59 percent, total revenue increases by 22 percent.
The first example shows that a 51% increase in price results in a 59% decrease in total revenues, indicating that demand is elastic.
Elastic demand is defined as a large change in quantity demanded as a result of a price change.
The second example shows that a 19% decrease in price results in no change in revenue (the demand increases by 19%), indicating that unit elastic demand exists.
The economic theory of unit elastic demand holds that a change in product price causes an equal and proportional change in the quantity demanded. In other words, the percentage change in demand equals the percentage change in price. Consider elastic demand on a unit-by-unit basis.
The third example shows that a 59 percent increase in price results in a 22 percent increase in total revenue (the demand decreases by 22 percent), indicating price inelastic demand.
An inelastic demand is one in which the change in quantity demanded as a result of a price change is small.
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what happens to the aggregate demand curve in each of the following situations and why?: a) the government implements a new tax credit for investment. b) an increase in prices causes interest rates to rise which decreases investment. c) the stock market crashes
New tax credit investment enhances aggregate demand. therefore aggregate demand shifts rightward.
b) Rising investment diminishes aggregate demand, lowering consumption. aggregate demand decreases.
c) When the stock market collapses, stock prices may fall, resulting in less demand and more supply, which lowers aggregate demand.
This is further explained below.
What is the demand curve?Generally, The demand curve shows how price affects quantity required over time. Price is usually on the left vertical axis and quantity requested on the horizontal.
Demand curves illustrate the amount requested at each price. Demand curves are graphical representations of demand schedules.
a) If there is an increase in the amount of investment that qualifies for the new tax credit, aggregate demand will go up. Consequently, the aggregate demand moved in the right direction.
b) There is a fall in aggregate demand as a result of a decline in investment brought on by an increase in investment, which in turn brings about a fall in consumption.
Therefore, there is a move toward a declining trend in aggregate demand.
c) When the stock market collapses, there is a probability that the price of stocks will decline. As a consequence, there will be less demand and more supply at the price, which will lead to less consumption, which will shift aggregate demand downwards, which will result in a decrease in aggregate demand.
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Luna company accepted credit cards in payment for $6,000 of services performed during july. The credit card company charged luna a 4 percent service fee; it paid luna as soon as it received the invoices. Required based on this information alone, what is the amount of net income earned during the month of july?.
Required based on this information alone ,the amount of net income earned during the month of july.6000 x .04 = 240
How Is Net Income Formula Defined?The net income formula is the difference between the total amount of revenue earned and the total amount of expenses. It is specified as:
Total revenue less total expenses equals net income.
What Is the General Formula for Net Income?The formula for calculating net income is as follows: net income = total revenue - total expenses.
How frequently should I estimate my net income?For the purpose of monitoring their performance and profit, many firms compute net income on a monthly, quarterly, and yearly basis.
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If you spend $15 a week on coffee, what would be the future value of that amount over 10 years if instead of buying coffee you saved the money at the end of each year in an account with 3% APY?
Answer:
$ 19.5
Explanation: If you save $15 instead of spending it on coffee, you would be receiving simple interest of 3% pa for 10 years. At the end of the tenth year the total interest amount you would receive would be 30% of $ 15 ie; $ 4.5
3% pa for 10 years = 30% at the end of 10 years
30% of $ 15 = $ 4.5
The aggregate amount saved at the end year is
$15 + $4.5 = $19.5
Suppose a 95% confidence interval was made to estimate the monthly cost of internet service instead of a 90% confidence interval. How would the interval change?.
The 95% confidence interval will be wider than the 90% confidence interval.
In statistics, the likelihood that a population parameter will fall between a set of values for a certain percentage of the time is referred to as a confidence interval. Analysts frequently employ confidence ranges that include 95% or 99% of anticipated observations. Therefore, it may be concluded that there is a 95% likelihood that the real value falls within that range if a point estimate of 10.00 with a 95% confidence interval of 9.50 - 10.50 is derived using a statistical model.
The level of certainty or uncertainty in a sampling process is measured by confidence intervals.Additionally, they are employed in regression analysis and hypothesis testing.To determine statistical significance, statisticians frequently combine confidence intervals with p-values.95% or 99% confidence levels are most frequently used in their construction.Learn more about Confidence interval, here
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suppose the price of apple pie were to fall to $2.25 per slice. at this lower price, dina would receive a consumer surplus offrom the 8th slice of apple pie she buys.
Answer:
ok whats the question
Explanation:
dell targets various market segments, such as college students, business professionals, and home users, and designs separate computer models that appeal to each market. this is an example of
If dell targets various market segments, such as college students, business professionals, and home users, and designs separate computer models that appeal to each market. this is an example of Differentiated marketing .
What is differentiated marketingDifferentiated marketing can be defined as a type of marketing strategy applied by companies in which the company tend to develop different marketing model based on each of their target market.
This scenario best illustrate differentiated marketing based on the fact that the company designs different computer models that will appeal each of their market
Therefore this is an example of differentiated marketing .
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a monopolist has the following pricing and revenue structure. if the firm’s marginal cost per customer is $30, and the firm wants to follow the profit-maximizing rule, what would be the firm’s quantity of customers and price charged per customer? click or tap a choice to answer the question. the quantity of customers is 3,000, and the price is $30. the quantity of customers is 4,000, and the price is $30. the quantity of customers is 3,000, and the price is $70. the quantity of customers is 4,000, and the price is $60.
The quantity of customers is 4000, and the price is $30 if the firm’s marginal cost per customer is $30, and the firm wants to follow the profit-maximizing rule.
Assume the table depicting the pricing and revenue structure is provided.
When the Marginal Revenue = Marginal Cost, the profit for monopoly is maximized.
That is when additional expenses are offset by additional revenue.
When they have 4,000 customers, their Marginal Revenue per 1,000 customers is $30,000
Thus, the marginal revenue for each customer is $30,000/1,000 = $30.
Furthermore, because the marginal cost for each customer is $30:
The maximum profit will be according to the profit-maximizing rule-
MC $30 = MR $30
The profit maximization rule is denoted in economics as MC = MR
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suppose that guru and premier produce only beats and rhymes. guru can produce at most 400 beats or 1000 rhymes in a year. premier can produce at most 100 beats or 200 rhymes in a year. use the principle of comparative advantage (and maybe ppfs for the two musicians) to determine who should specialize in which activity.
Guru has an absolute advantage in producing both beats and rhymes, but should specialize in rhymes.
Specialization is the process of limiting the range of products produced. This is advantageous because certain persons perform specific occupations better than others, and create particular things more readily than other regions and individuals. The capacity of an economy to produce a certain item or service at a lower opportunity cost than its trade counterparts is known as comparative advantage. Opportunity cost is a new consideration in the idea of comparative advantage when comparing various manufacturing possibilities.
These marketing initiatives frequently concentrate on the advantages and excellence of the product that may draw potential buyers. 400 beats or 1000 rhymes in a year are comparable. Whereaas, Premier can only create 100 beats or 200 rhymes each year at maximum. According to the theory of comparative advantage, Guru has a distinct edge in making rhythms and rhymes, but should focus on the latter.
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virtually all colleges and universities have alumni associations that publish magazines, hold reunions, and try to raise funds. these activities constitute organization marketing.
Virtually all colleges and universities have alumni associations that publish magazines, hold reunions, and try to raise funds. these activities constitute organization marketing- true
The organization marketing serves as the forum for making choices regarding all aspects of marketing, including products, distribution methods, prices, and promotions.
It develops the hierarchical relationships between marketing personnel and specialists who are in charge of designing and executing the crucial marketing strategies required for the success of any commercial organization. Consequently, we can define a marketing organization as an organizational structure that aids in making decisions on production, packaging, price, advertising, sales promotion, trade mark, routes of distribution, etc.
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in an effort to differentiate its offerings from its competitors, pegasus computers decided to add an extra usb port in all its laptops besides providing a free pair of delphi power bass headphones with every pegasus laptop. although the additional features increased the price of the laptops by $500, pegasus was confident that the strategy would help boost demand for its laptops substantially. this is an example of . good-value pricing markup pricing break-even pricing value-added pricing cost-based pricing
This is an example of value-added pricing. By examining production costs and profit alone, you cannot calculate the value-added price.
What is value-added pricing?Value-added pricing, sometimes referred to as value-based or customer worth-based pricing, is a method of determining prices for goods and services in accordance with the perceived value of the product by the customer. Premium airlines are a fantastic illustration of value-added pricing. Despite the fact that their airfares are significantly more expensive than those of low-cost carriers, travelers who opt to pay for them are prepared to bear the additional expense due to the excellent quality of their offerings.Businesses assess the perceived value to the customer and set prices appropriately rather than estimating production costs and imposing a conventional markup.Learn more about airlines here:
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a person can use the present value concept to calculate how much money he has to invest (today, tomorrow) in order to have a specific sum of money in the (present, future).
A person can use the present value concept to calculate how much money he has to invest today in order to have a specific sum of money in the future.
In the field of business, a present value concept is a topic that describes that the worth of the specific amount of money that we have today would not have the same worth in the future. By this concept, it makes us realize and calculate the amount of money we need to invest or save today in order for it to have a specific value in the future.
It is through the present value system that we can calculate what the specific value of a certain amount of money will have in the future.
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A certain country is most efficient in the production of cheese. Whose theory would state that because of this efficiency, the country should specialize in producing cheese because it has an absolute advantage?.
The theory of Comparative advantage should specialize in producing cheese because it has an absolute advantage. Comparative advantage portrays the financial truth of the work gains from exchange for people, firms, or countries, which emerge from contrasts in their element blessings or mechanical progress.
What is theory of Comparative advantage?In a Financial model, specialists enjoy a comparative upper hand over others in creating a specific decent on the off chance that they can deliver that great at a lower relative open door cost.
The outright advantage, looking at yield per time (work proficiency) or per amount of information material (money related effectiveness), is for the most part viewed as more natural, yet less precise as long as the open door expenses of delivering merchandise across nations differ, useful exchange is conceivable.
Therefore In the event that a far off nation can supply us with a product less expensive than we most definitely can make it better.
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fill in the blank: project managers should identify project stakeholders, communication methods, communication goals, and communication before creating a communication plan.
Project managers should identify project stakeholders, communication methods, Delivery methods, communication goals, and communication before creating a communication plan.
A project management communication plan identifies how crucial information could be communicated to stakeholders throughout the project.
It also determines who could be receiving the verbal exchange, how those human beings will acquire it, whilst they may acquire it, and the way often they have to anticipate to obtain that facts.
Identifying stakeholder permits for clean communications at some point of updates or project progress meetings.
Knowing who the stakeholders are and where they fit in the development and deployment phases of the project
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a document that totals what the customer owes is called
Answer:
An Invoice
Hope this helps!
Have a good day :)
Answer:
an invoice
Explanation:
=)
a customer of juice store returned merchandise with a cost of $25 and a selling price of $40. juice store gave the customer a cash refund because the customer had previously paid their account in full. the journal entry to record the cash refund to the customer includes: multiple choice question. a debit to sales returns and allowances and a credit to cash for $40 a debit to sales returns and allowances and a credit to cash for $25 a credit to sales returns and allowances and a debit to cash for $25 a debit to merchandise inventory and a credit to cost of goods sold for $25
The journal entry to record the cash refund to the customer includes a debit to Sales Returns and Allowances and a credit to Cash for $40.
An item is returned to the seller by a customer or client as a sales return.
Refund policies are customizable by businesses. There are other options, such as allowing free returns within a set time limit, imposing a restocking cost, or only allowing returns with a receipt. A shop credit or exchange may be available from some businesses. Accountants can enter these transactions in a sales returns account after confirming a return complies with a company's policy.An allowance is a reserve set aside in anticipation of costs that will arise at a later time. By creating a reserve, a cost that would have otherwise been recognized in a later period is instead recognized sooner, into the present period.Learn more about Sales return, here
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