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2 years ago

The key factor distinguishing retailers from other members of the supply chain is that.

1 answer:

3 0

The key factor distinguishing retailers from other members of the supply chain is that they sell to customers for their personal use.

<h3>What do you mean by customers?</h3>

A client is someone who purchases goods, services, products, or ideas from a seller, vendor, or supplier in exchange for money or another useful consideration.
This definition applies to sales, business, and economics.
Customers who frequently purchase from a business establish conventions that enable regular, sustained trade, which enables the business to create statistical models to improve production procedures (which alter the nature or form of goods or services) and supply chains (which changes the location or formalizes the changes of ownership or entitlement transactions).

<h3>What types of customers are there?</h3>

5 different consumer types

New customers.
Impulsive buyers.
Angry customers.
Persistent customers.
Loyal customers.

Learn more about customers here:

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You might be interested in

Which of the following is the best way to hide theft of assets?

Marysya12 [62]

Answer:

The correct answer is letter "D": Charging the stolen asset to an expense account.

Explanation:

An asset misappropriation takes place when individuals take advantage of the job position they have in order to profit from fraudulent activities. The fraud could be caused by any employee within a given organization, from high executives to any of their subordinates.

In the case, option "D" is a good example of asset misappropriation since it is being charged to an expense account a good that was stolen when that kind of account is only useful to report work-related expenses.

5 0

3 years ago

Mohawk Machining, which uses a process-costing system, adds material at the beginning of production and incurs conversion cost e

KATRIN_1 [288]

Answer:

C. 60%

Explanation:

Equivalent unit of Materials = 8,000.00

Equivalent unit of Conversion = 7,400.00

Units started and completed = 6,500.00

Since Materials are entered in the beginning it means that out of 8000 Units of Materials 6500 units are in Units started and completed and remaining 1500 Units are in Closing inventory. It also means that 1500 units are in Closing Inventory of Conversion and Equivalent production of conversion part of 1500 Units are 900 Units (7400-6500).

Let % Completion be x

X% of 1500 = 900

X = 900*100/1500

X = 60%.

7 0

3 years ago

The consumer price index was 120 in 2013 and 126 in 2014. The nominal interest rate during this period was 8 percent. What was t

Kisachek [45]

Answer:

3 percent

Explanation:

A real interest rate is an interest rate which doesn't have impact of inflation and depicts the real cost of funds to the borrower and the real yield to the lender or an investor.

Inflation = (126-120)/120 = 5%

Real Interest Rate = Nominal Interest Rate - Inflation

= 8% - 5%= 3%

7 0

3 years ago

What can be concluded if the number of movie tickets sold increases by 10 percent when the price is cut by 20 percent, other thi

deff fn [24]

Supply and demand! If you aren't selling many tickets at first, it because you're price is too high, so by decreasing the price by 20%, the demand for that item increases. It's all about finding the market value and the perfect cross between supply and demand

6 0

3 years ago

In the beginning, all employees at Tom's Welding performed whatever task was needed. Now the employees have gravitated to spec

7nadin3 [17]

Answer: More Specialized

Explanation:

Specialization in Engineering industries implies a job situation where an employee is assigned to a specific task, that the employee can easily execute because of his qualifications or experience in that job area.

Tom's welding company makes their employees job roles to be more specialized as the company gains growth.

8 0

3 years ago