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2 years ago

________ is the shift from people making their own fun to people purchasing it as goods and services.

1 answer:

6 0

The commodification of recreational activities is the shift from people making their own fun to people purchasing it as goods and services.

<h3>What is commodification?</h3>

This is when values are assigned to objects or things which are previously meant for fun. Commodification occurs when something that used to have intrinsic value gradually develops a monetary value like water, or sunshine, or knowledge as an example.

Here, human and socio cultural value are converted into market value which also applies to goods, services, ideas, and other forms and products.

Commodification provides benefit to a business environment which includes opportunities for developing new products and services inorder to meet ever changing customer needs and demand.

Learn more about commodification here: brainly.com/question/13235742

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" One of the difficulties in measuring the effectiveness of IMC efforts is the _______________, where consumers do not act immed

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Answer:

lagged effect

Explanation:

Integrated marketing communication is one that involves the use of all form of communication to obtain a more effective promotion by a company.

The use of combination of promotion tools gives a better effect than each one in isolation.

A major difficulty in measuring IMC is the lagging effect.

Lagging effect is the difference in time between when marketing effort is made and when customers respond to these efforts.

For example consumers do not act immediately after receiving a marketing communication.

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3 years ago

You have just started a new web-based business, and now you realize that if you want your company to succeed, you will have to c

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Answer: You have just started a new web-based business, and now you realize that if you want your company to succeed, you will have to create at least 10 new products over the next six months. The following organizational characteristics would not help the company to be more creative:

Hire only recognized experts, and don’t hire anyone who is eccentric.

Run the company like a tight ship.

Explanation:

Creativity is fundamental to the success of any business and today, more than ever, it is key to the survival of companies. Managers can stimulate creativity in all areas of their company and use it to turn ideas into innovations that give the business a competitive advantage. Here are some examples :

Focus creativity. (Creativity must focus on the most pressing challenges and problems facing the organization and is stimulated more the greater the number of restrictions we have).
Create the conditions to support creativity.
Provide stimuli that arouse creativity.
Train in tools for thinking differently.

Is important to listen to all ideas even the most craziest ones can log out from the usually and became a good tool for the company, that is why also eccentric kind of people must be hired to work on creative products.

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3 years ago

Outback Corp. recorded sales of $1,300,000 in 2010, in addition the company's accounts receivable balance grew from $120,000 at

klemol [59]

Answer:

$1,255,000

Explanation:

The increase in accounts receivable is the portion of the current year sales revenue that has not been received in cash, hence, the cash collected from customers in the year 2010 is simply the sales adjusted for the impact of accounts receivable as shown below:

cash collection=sales revenue+beginning accounts receivable-ending accounts receivable

sales revenue=$1,300,000

beginning accounts receivable=$120,000

closing accounts receivable=$165,000

cash collection=$1,300,000+$120,000-$165,000

cash collection=$1,255,000

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3 years ago

The balance sheet of FIFA Cup Company included the following shareholders' equity section at December 31, 2021: ($ in millions)

liraira [26]

Answer:

Explanation:

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3 years ago

On May 1, 2017, Pronghorn Company issued 2,500 $1,000 bonds at 102. Each bond was issued with one detachable stock warrant. Shor

dybincka [34]

Answer:

a. Prepare the entry to record the issuance of the bonds and warrants

May 1, 2017, bonds issuance

Dr Cash 2,550,000

Dr Discount on bonds payable 25,000

Cr Bonds payable 2,500,000

Cr Additional paid in capital - stock warrants 75,000

b. Assume the same facts as part (a), except that the warrants had a fair value of $30. Prepare the entry to record the issuance of the bonds and warrants.

May 1, 2017, bonds issuance

Dr Cash 2,550,000

Cr Bonds payable 2,500,000

Cr Premium on bonds payable 20,000

Cr Additional paid in capital - stock warrants 30,000

Detachable warrants must be recorded separately than the bonds. They must be recorded as APIC stock warrants.

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3 years ago