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nikdorinn [45]
2 years ago
11

Does venmo fulfill the role of a medium of exchange? Does it matter for your answer that many retail stores won't accept it in p

ayment for goods and services?
Business
1 answer:
goldfiish [28.3K]2 years ago
5 0

It should be stated right away that Venmo is not a medium of exchange in and of itself. It is nothing more than a digital payment platform. Money is still the medium of exchange.

Many retail stores don't accept Venmo as a medium of exchange because Outside of Venmo, your bank or card issuer has declined the transaction. The payment has triggered one of Venmo's automated security flags. Technical issues can range from a slow internet connection to bugs in the Venmo app. Networking issues are a common reason why a Venmo payment fails.

If your company has unusually high transaction volumes, your Venmo account may raise a red flag. Sudden bursts of activity may indicate fraudulent transactions, implying that hackers have taken over your account. Venmo may refuse payment processing until you speak with customer service and confirm the activity is legitimate. Besides Venmo there are many other digital payment platforms.

Learn more about digital payment platforms here:

brainly.com/question/24590614

#SPJ4

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When a company uses a marketing discipline and combines computer technology and databases with customer service and marketing co
Alecsey [184]

The marketing mix refers to the set of actions, or techniques, that a firm does to promote its brand or product in the market.

<h3>What is marketing mix?</h3>

A foundational business model known as the "marketing mix" historically focused on the four Ps of product, price, location, and promotion (also known as the "4 Ps"). The phrase "collection of marketing instruments that the firm utilizes to pursue its marketing objectives in the target market" refers to the marketing mix.

Early in the twenty-first century, marketing theory first appeared. The modern marketing mix was initially published in 1984 and has since evolved into the framework for all marketing management choices.

To learn more about marketing mix from the given link:

brainly.com/question/14591993

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8 0
2 years ago
Winnebagel Corp. currently sells motor homes at $73,000 each. The company wants to introduce a new portable camper to fill out i
anygoal [31]

Answer: C.73

Explanation:

It is stated that 1,500 less motor homes will be sold once Winnebagel Corp. introduces it's new Portable Camper.

However it also states that 500 out of this 1,500 will be lost regardless of if the Portable Camper is introduced or not.

So that means that the actual erosion effect on the sale of motor homes is,

= 1,500 - 500

= 1,000 mobile homes.

Since each home is sold for $73,000 then the Erosion effect will be,

= 73,000 * 1,000

= $73,000,000

$73 million is the erosion effect on the sale of motor homes by introducing the new portable camper so Option C is correct.

8 0
4 years ago
Technique Co. has equipment with a carrying amount of $1,600,000. The expected future net cash flows from the equipment are $1,6
Delvig [45]

Answer:

a. No impairment should be reported

Explanation:

In the given situation, we compare the expected future net cash flows and the higher value of book value and fair value.

The comparison is shown below

Since the expected future net cash flows from the equipment i.e $1,630,000 is more than the book value of equipment $1,600,000. The value comes in negative

So, no impairment loss would be recognized

3 0
3 years ago
How does one determine the products or services to be producted or offered to the target customers?
agasfer [191]

I don't know yet... I'll try to finf the answer for you!
6 0
3 years ago
Centre City enacts an ordinance that bans the distribution of all printed materials on city streets. Diners Café opposes the cit
Mekhanik [1.2K]

Answer: unconstitutional under the First Amendment.

Explanation:

From the information provided, in Diners’ suit against the city, the court would likely hold the ban on printed materials to be unconstitutional under the First Amendment.

Under the First Amendment, any law that limits or ban freedom of expression, religion, peaceful assembly, petitioning of the government is prohibited. Therefore, the action of the city is unconstitutional.

6 0
3 years ago
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