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3 years ago

Explain what is meant by market research.

Business

1 answer:

Lelu [443]3 years ago

5 0

Answer:

Market research is an effective tool to assist your business planning. It is about collecting information that provides an insight into your customers thinking, buying patterns, and location. In addition, market research can also assist you to monitor market trends and keep an eye on what your competition is doing.

Explanation:

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An existing partner wants to contribute property having a basis less than its FMV for an additional interest in a partnership. a

tino4ka555 [31]

Answer:

He should not contribute the property to the partnership.

Explanation:

There is an ensuing loss if the partner contributes the property to the partnership instead of a gain. Partnerships recognize the basis of contributed capital. They usually compare the fair market value with the book value to determine if a loss has been incurred or a gain made. However, the tax consequences of the contributed property will be allocated to the partner making the property contribution.

8 0

2 years ago

Jackie has been reading about international trade and that one nation has the ability to produce a specific product more efficie

ludmilkaskok [199]

Answer: (A) Cooperative advantage

Explanation:

A cooperative advantage is the term which is used by an organization for providing the various types of benefits and advantages to all the employees in the company and it also helps in achieving the specific goal in an organization.

The main objective of the cooperative advantage is to providing the various types of economical benefit in an organization.

According to the given question, Allie is basically using the cooperative advantage over Jackie for the process of making the power point presentation about the international trade and so that by using the presentation method they can easily convey their opinions and message to the audience.

Therefore, Option (A) is correct answer.

6 0

2 years ago

All of the following create problems with accurate product or job costing except: A. bar coding is used to record materials use

lukranit [14]

Answer:

A. bar coding is used to record materials used on the job.

Explanation:

Bar coding is used to record materials used on the job.

Bar code is a small image of lines appended on goods for easy identification, thereby increasing efficiency in businesses.

5 0

3 years ago

A company had service revenue of $257,000, rent expense of $10,700, utility expense of $4,200, salary expense of $19,200, deprec

Reil [10]

Answer:

Income summary has a $208,630 credit balance before being closed

Explanation:

The closing entries should be:

Dr Service revenue 257,000

Cr Income summary 257,000

Dr Income summary 48,370

Cr Rent expense 10,700

Cr Utility expense 4,200

Cr Salary expense 19,200

Cr Depreciation expense 9,700

Cr Advertising expense 4,570

Income summary

Debit Credit

208,630

In order to close income summary:

Dr Income summary 208,630

Cr Retained earnings 208,630

If you want to close dividends:

Dr Retained earnings 18,700

Cr Dividends 18,700

7 0

3 years ago

In business, the four basic forms of competition are

dalvyx [7]

Perfect competition, monopolistic competition, oligopoly, and monopoly.

7 0

3 years ago

Explain what is meant by market research.​

Explain what is meant by market research.