Retailing includes all activities involved in the: selling of tangible products to ultimate consumers for personal, family, or household use.
There are two major middlemen in the distribution of products:
Wholesale: This is a middleman who buys directly from the producer in large quantity and sells to retailers in small quantity.Retail: The retailers buys in small quantity from the wholesaler and sells in units quantities to the final consumers. The retailer is the closest to the consumer in the distribution chain and he gives information about a product to the consumer.Therefore, the retailers sells to consumers who use a product for personal or household use.
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Retailing includes all activities involved in the: a. selling, renting, and providing of products and services to ultimate consumers for personal, family, or household use.
Retailing refers to the act of selling products and services for the consumption of the final consumers. There is no reselling of the products at this stage.
The consumer uses the products and services for his personal benefit. Therefore, option A is correct.
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The cell phone is one of the great innovations of recent decades. Yet the innovation has not come from any
one place. The list of manufacturers includes Samsung, Apple, Lenovo, LG, Sony, Nokia, BlackBerry, and
Xiaomi. These manufacturers operate in South Korea, the United States, China, Japan, Canada, and Finland.
The major parts suppliers are in over 20 countries. When your business competes on a global scale, it is more
important than ever
A) to lock up patents on early technology
B) to specialize and do one thing really well
C) to adapt and innovate
After analyzing the scenario, when your business competes on a global scale, it is more important than ever to adapt and innovate. Thus, option 'C' is the correct option.
How does innovation help business growth?With the introduction of originality to current product lines or business practices, market share, revenue, and customer happiness all grow. Innovation can also be utilized to introduce new automation technologies or modernize the business's operating systems. The process of business innovation is designed to add value to the company.
This value may be produced by opening up new income streams, increasing revenue via existing channels, developing efficiencies that save time, money, or both, or boosting output or performance. Businesses that don't adapt to shifting consumer demands and preferences will eventually become obsolete.
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.What can U.S. multinational firms do to regain and maintain their leadership in global branding?
Answer: Steps that United States firms have taken to regain a competitive edge in the global marketplace include pursuing an increase in productivity, embracing innovation and new ideas, having highly skilled individuals, and reshoring.
Explanation:
U.S. multinational firms can bring improvement in their process as well as the quality they offered in order to regain their leadership in global branding.
What is Leadership?Leadership is referred as the art of directing and influencing people or groups of people in an organization with pleasing efforts to gain their support and help them to grow by providing better direction.
To regain the market share as well as to achieve leadership in global branding they have to bring innovation to the customers by offering quality and quantity in their offered products and services.
Their focus is to regain the trust of customers so they should focus on satisfying them with maximum services at a minimum cost by increasing their experience with the goods and services of your organization.
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THE Leo Frank case is one of the most notorious and highly publicized cases in the legal annals of Georgia. A Jewish man in Atlanta was placed on trial and convicted of raping and murdering a thirteen-year-old girl who worked for the National Pencil Company, which he managed.
For internal record keeping, most companies carry their inventory using the _____ basis. Multiple choice question. LIFO FIFO average cost specific identification
For internal record keeping, most companies usually carry their inventory by using the inventory cost flow method that's known as LIFO.
LIFO simply means last in, first out. It's a method of account that's used to account for inventory. Under this method, the cost of the most recently bought goods are expensed first.
It should be noted that companies typically use LIFO because it realistically matches the current cost of an inventory with the current revenue that it produces.
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In Japan, uncertainty avoidance is low, so job descriptions, policy manuals, and similar work-related materials are more open-ended or general, in contrast to the detailed procedural materials developed by the Swedish. Group startsTrue or False True, unselected False, unselected
The uncertainty avoidance refers to a cross-cultural phenomenon that describes how different societies react to uncertainties.
It is true that there is strong uncertainty avoidance in Japan since they like to structure tasks so there is no doubt regarding what is to be done and how it is to be done.It is true that there is low uncertainty avoidance in Sweden when compared to Japan because the job descriptions, policy manuals and similar work-related materials are more open-ended or general in contrast with the detailed procedural materials developed by the Japanese.Read more about uncertainty avoidance:
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Judy and Amy are having lunch together and decide to split the bill equally. Amy ordered more expensive items than she normally would because she is ______ price sensitive when sharing the cost.
Amy ordering more expensive foods and deciding to share the bill means
she is less price sensitive .
Less sensitivity of price usually occurs when there aren't available
substitutes for a particular product. Amy and Jude visits the restaurant for
lunch in which the price here is always fixed with no alternatives.
This makes Amy order the food regardless despite the idea of sharing the
cost with the other party. This thereby means that she is less sensitive to the
price when sharing the cost.
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true false Title VII of the Civil Rights Act prohibits job discrimination on the basis of income.
it is false that Title VII of the Civil Right Act prohibits job discrimination on the basis of income.
The Civil Rights Act (1964) is a Federal law that prohibits the discrimination of people on the basis of race, color, religion, sex etc
The Title VII of the Civil Rights Act provides that "the legislation prohibits employment discrimination based on race, color, religion, sex and national origin".The The Civil Rights Act (1964) does not proivide leglslative on the basis of Income of an individual
Therefore, it is false that Title VII of the Civil Right Act prohibits job discrimination on the basis of income.
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a monopolistically competitive market is characterized by
Typically, the monopolistically competitive market have the attributes of having many firms, differentiated products and free entry/exit.
A monopolistic competition occurs when competitive firms produces or manufactures products or services that are similar and substitutes.
The characteristics of the monopolistically competitive market includes:
There are presence of many sellers in the marketThere is easy entrance and exit of consumers in the market There are differentiated products in the marketIn conclusion, the monopolistically competitive market is characterized by having many firms, differentiated products and free entry/exit.
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Charismatic leadership is now considered part of ________ leadership. Multiple Choice humble transformational ethical transactional
Based on leadership skills, Charismatic leadership is now considered part of transformational leadership.
Though there are specific differences between charismatic and transformational leadership, they share various similarities in their approach and execution.
However, the significant difference between the two is that Charismatic leaders tend to improve the status quo better, while transformational leaders emphasize transforming the organization into the leader's vision.
Hence, in this case, it is concluded that the correct answer is option B. "transformational."
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When lending money, a long-term lender is more interested in a company's ________ and indebtedness to other lenders.
The long-term lender is much more interested in the company's profitability and indebtedness to other lenders than in the company's current liquidity.
Long-term lending involves a time-frame of five years or more. Therefore, the long-term lender will, generally, be more interested in lending to companies with profitable operations, unlike companies that enjoy good short-term liquidity profiles. The long-term lender also considers the debts already contracted by the borrowing company before offering additional financing.
Thus, the interest of a long-term lender is in the company's profitability than in its short-term liquidity.
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How do you think investing relates to wealth inequality?
A _____ resource contains one or more identical units, each of which can be requested and used by a process on a non-shared basis.
Price discrimination leads to a _____ price for consumers with a _____ demand. higher; perfectly elastic lower; less elastic higher; less elastic higher; more elastic
According to macroeconomic theory, Price discrimination leads to a higher price for consumers with less elastic demand.
This is because price discrimination is a pricing strategy whereby producer of similar products or identical goods is selling these goods at different prices.
These goods, however, would make the price of some goods higher for the consumers while at the same time having less elastic demand.
There will also be ones with lower prices that would have more elastic demand.
Hence in this, case, it is concluded that the correct answer is option C. " higher; less elastic."
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Which of the following is an advantage of starting your own business?
Answer:
The most common reason people launch their own business is to be their own boss. Other benefits include flexibility, financial rewards, the opportunity to innovate, and a chance to impact your community. Still, there are serious risks to launching your own business, and you should carefully consider and plan before you take the leap.
Explanation:
In a small economy, gross investment is $1,500, consumption spending is $6,000, net investment is $200, government purchases are $1,500, exports are $2,000 and imports are $1,000. What is GDP for this economy
How do consumers benefit from accumulating airline miles?
A. Consumers can use the miles to purchase airline tickets.
B. Consumers can use miles as a tax deduction.
C. Consumers can use miles to purchase a home.
D. Consumers can decline travel insurance.
Answer:
I think is b.
Explanation:
or d but double check just from background i eliminate a and c
Angel has worked as a restaurant server, as a mechanic, as a massage therapist, and as a teacher since he finished college five years ago. He now wants to apply for a cruise ship position, but is unlikely to receive one based on his lack of relevant experience and frequent job changes.
True
False
A. Wealth
B. Level of living
C. liquidity
D. Assets
Answer:
D. Assets
Explanation:
those are all things you have and are considered to be owned by you, therefore they're your assets.
hope this helps! :)
A listing of all possible returns on an investment, with a chance of occurrence assigned to each return is known as _____.
an important feature of a job order cost system is that each job
Answer:
Job order costing is useful for determining if a job is profitable. It helps the company make estimates about the value of materials, labor, and overhead that will be spent while doing that particular job
Explanation:
when a manufacturer sells its products directly to consumers, it engages in which two supply-chain activities?
Based on components of Supply Chain Management, when a manufacturer sells its products directly to consumers, it engages in Source and Delivers supply-chain activities.
This is because Supply Chain activities is divided into five components.
The Source component is how firms or companies look for buyers, vendors, or consumers to buy their products directly.
Also, the Deliver component is by which the company delivers the products purchased by vendors, buyers, or consumers directly to them without intermediaries.
Other components of Supply Chain activities include the following:
Plan;Make;ReturnHence, in this case, it is concluded that the correct answer is Source and Deliver.
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outline 2 reasons for completing assigned tasks daily
In summary, it is important to complete your tasks because it helps you feel better, helps you identify what you should be working on and together that means you complete more tasks.
Penalties for late payments, liens, foreclosures, and garnished wages are
steps a lender can take when you:
A. leave a loan unsecured.
B. fail to pay back a loan.
C. fail to secure your loan.
D. leave a lien on a loan.
Answer:
I believe the answer would be option B.
Explanation:
Penalties for late payments, liens, foreclosures, and garnished wages are steps a lender can take when you fail to pay back a loan.
Answer:
B
Explanation:
Penalties for late payments, liens, foreclosures, and garnished wages are steps a lender can take when you fail to pay back a loan.
New Day Vitamin Company's __________ relies heavily on advertising, personal selling, and a limited use of product sampling.
New Day Vitamin Company's promotion mix relies heavily on advertising, personal selling, and limited use of product sampling.
A promotion mix simply means the blend of different promotional tools that are used by organizations to create and increase the demand for goods and services.
A company's promotion mix combines promotional tools such as personal selling, advertising, sales promotion, publicity, sampling, public relations, etc.
In conclusion, the correct option is promotion mix.
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which chart type is ideal for visualizing financial data such as a p&l?
The chart type which is ideal for visualizing financial data such as a profit and loss (P&L) is a: bar chart.
A profit and loss (P&L) statement can be defined as a financial report that provides a summarized information of the following financial data about a business firm:
Total revenues.Expenses.Profit.Loss.Hence, a profit and loss (P&L) statement gives an insight to investors on how a business firm is operating and whether or not it has the ability to generate profits at the end of a business year.
Typically, the chart type which is ideal for visualizing financial data such as a profit and loss (P&L) is a bar chart because each rectangular bar can be used to represent the finance or revenue (cash inflow) of the business firm.
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under the indirect method, the operating activities section of the cash flow statement begins with net income.
It should be noted that under the indirect method, the operating activities section of the cash flow statement starts with net income, therefore, the statement is true.
The cash flow from operating activities is a vital benchmark to determine the financial success of a company.
In the indirect method of depicting cash flow from operating activities, it starts with a net income from the income statement which is then added to the non-cash items in order to arrive at a cash basis figure.
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PLEASE HELP-AFTER THIS QUESTION I ONLY HAVE 10 POINTS LEFT, AND I DON'T WANT TO HAVE TO ASK THIS AGAIN!!!!!!!!!!!! I WILL GIVE BRAINLIEST, 5 STARS, AND THANKS TO ANYONE WHO CAN HELP ME!!!!!!!!!!!!!!!!!
Will thinks he is a good listener. He holds consistent eye contact whenever his colleagues speak and lets them share without interrupting. He always concentrates on what they are saying, doesn’t ask any questions, and tries to show them support by repeating what they’ve said and making judgments about it. Haley says that though Will exhibits some behaviors of a good listener, he could do better by changing a thing or two about his approach. What would Haley MOST likely suggest that Will should change about his behavior in order to become a better listener?
He should ask questions and stop making judgments.
He should stop repeating what his colleagues have said.
He should stop making judgments and repeating what his colleagues have said.
He should ask questions and stop holding so much eye contact.
Answer:
sup
Explanation:
Answer: He should ask questions and stop making judgments.
Explanation:
brainliest please
the purchase and sale of long-term assets and current investments are classified as:
ash transactions that encompass purchase as well as sale of long-term assets as well as current investments can be considered to classified as Investing activities.
Investing activities can be regarded as one of the categories of net cash activities which is been reported by business on the cash flow statement. It is the purchase as well as sale of long-term assets at a given period.Therefore, Investing activities is correct.
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If the price that a firm charges is lower than its_____________of production, the firm will suffer losses.
When a firm charges a price for its goods and services, if this price is less than the cost of production, they will suffer losses.
The profit that a company makes is calculated as:
= Selling price - Cost of production
If the selling price is less than the cost of production, the profit will be negative. A negative profit is the same as losses. This means that if a company charges lower than this cost of production, they will incur losses.
In conclusion, companies charge above their cost of production so as not to incur losses.
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_____ is part of the ________ process and occurs when the company is trying to increase its inventory.
Considering the accounting principles, the Make-to-stock; is part of the production process and occurs when the company is trying to increase its inventory.
This is because Make to Stock, otherwise referred to as MTK, is a method business owner often use to ensure the product is readily available and delivered at the point of purchase.
Make to Stock is a traditional method of production that is carried out in the hope that consumers will soon come and buy the products. Thereby, the company produces huge products at a given time and stores them as inventory.
Hence, in this case, it is concluded that the correct answer is "Make to stock; production, " respectively.
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