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1 year ago

15) keeping a product generic as long as possible before customizing is known as:__________

Business

1 answer:

ASHA 777 [7]1 year ago

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Postponement is the practice of keeping a product generic for as long as possible before modifying it.

By deferring current investment in a good or service until the very last minute, postponement is a business strategy that tries to maximize reward and reduce risk. A supply chain technique for quick adjustment to shifting market conditions is postponement. Lead times are lowered, working capital is cut and waste is eliminated. Postponement is a make-to-order strategy in contrast to conventional make-to-forecast methods, when things are quickly customized from stocks of nearly complete products, frequently close to customers. Modern enterprises employ postponement as a key supply chain management strategy in order to survive in the cutthroat business climate of today.

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Match each of the numbered descriptions with the term or phrase it best reflects. Indicate your answer by writing theletter for

Temka [501]

Please the remaining part of the question below :

1.Amount a business earns after paying all expenses and costs associated with its sales and revenues.

2.An examination of an organization’s accounting system and records that adds credibility to financial statements.

3.Principles that determine whether an action is right or wrong.

4.Accounting professionals who provide services to many clients.

5.An accounting area that includes planning future transactions to minimize taxes paid.

Answer:

1.Amount a business earns after paying all expenses and costs associated with its sales and revenues. - Net income (G)

2.An examination of an organization’s accounting system and records that adds credibility to financial statements. - Audit (A)

3.Principles that determine whether an action is right or wrong. - Ethics (C)

4.Accounting professionals who provide services to many clients.- Public accountants (F)

5.An accounting area that includes planning future transactions to minimize taxes paid- Tax accounting (D)

Explanation:

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3 years ago

Which of the following statements is true? Group of answer choices An explicit cost is an actual cost; an implicit cost is a the

professor190 [17]

Answer:

Economic costs include both explicit costs and implicit costs.

Explanation:

In economics, costs can be in the form of explicit and implicit as implicit costs are opportunity costs and are opportunities for engaging in business. While the explicit costs are accounting costs which are involved in the production of raw matter, wages etc.

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3 years ago

Which of the following best describes a push strategy? Group of answer choices Manufacturer builds strong consumer demand for a

maksim [4K]

Answer: Manufacturer develops mutual effort and cooperation in the development and implementation of promotional strategies by working directly with members to develop strong and viable promotional support.

Explanation:

In a push strategy the manufacturer develops mutual effort and cooperation in the development and implementation of promotional strategies by working directly with members to develop strong and viable promotional support.

In a push strategy, the firm takes it's products to the consumer. The aim of this is for the product to gain much exposure than it already has and attract more sales. Other sales channels are bypassed in the scenario, leaving just the producer and the customer. Advertisment is one of the greatest promotional tool for push strategy.

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3 years ago

Skysong Company purchased an electric wax melter on April 30, 2020, by trading in its old gas model and paying the balance in ca

adell [148]

Answer:

(a) has commercial substance

Electric wax melter 5,720 (debit)

Accumulated depreciation :old gas model 6,930 (debit)

Old gas model : cost 12,320 (credit)

Profit on exchange of old gas model 320 (credit)

Electric wax melter 11,000 (debit)

Cash 11,000 (debit)

(b) lacks commercial substance

Electric wax melter 5,390 (debit)

Accumulated depreciation :old gas model 6,930 (debit)

Old gas model : cost 12,320 (credit)

Electric wax melter 11,000 (debit)

Cash 11,000 (debit)

Explanation:

In terms of IAS 16, if an exchange of non-monetary item has commercial substance the Asset Acquired is measured at the Fair Value of Asset Given up or Fair Value of Asset Acquired.

However if an exchange of non-monetary item lacks commercial substance the Asset Acquired is measured at Carrying Amount of Asset Given up and there would no be any gain or loss on the exhange of asset given up.

(a) has commercial substance

Electric wax melter 5,720 (debit)

Accumulated depreciation :old gas model 6,930 (debit)

Old gas model : cost 12,320 (credit)

Profit on exchange of old gas model 320 (credit)

Electric wax melter 11,000 (debit)

Cash 11,000 (debit)

(b) lacks commercial substance

Electric wax melter 5,390 (debit)

Accumulated depreciation :old gas model 6,930 (debit)

Old gas model : cost 12,320 (credit)

Electric wax melter 11,000 (debit)

Cash 11,000 (debit)

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3 years ago

T/F if you have built castles in the air, your work need not be lost; that is where they should be. now put the foundations unde

Damm [24]

It implies that you don't have to give up on your unachievable objectives or lofty aspirations. You should have big dreams. You must go to work.

<h3>What exactly does it mean to "construct castles in the air"?</h3>

ideas with an extremely slim possibility of success. Your effort need not be lost if you have constructed castles in the sky; that is where they belong. Place foundations beneath them now. Henry David Thoreau, to wit. These statements have a powerful impact on both young adults looking for their place in the world and adults who have found their position but are unsure of what to do next.

<h3>Why shouldn't we erect castles in the sky?</h3>

Complete Resolution. The right response, which is dream, is option 3. Build castles in the air is a slang expression for making unattainable, impractical, or very improbable goals or dreams.

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1 year ago