Answer:
Increase
The accounts receivable asset shows how much money customers who bought products on credit still owe the business; this asset is a promise of cash that the business will receive. Cash doesn’t increase until the business collects money from its customers.
Answer:
The balance sheet represents the total assets of the company and how they are funded, whether through equity or by debts.
Explanation:
Balanced sheet
A balance sheet is an annual report of finance that accounts at a particular time on the funds, debts or on equity of any corporation and lays the foundation of calculations for calculating return rates and determining its financial performance of the company.
The balance sheet represents the total assets of the company and how they are funded, whether through equity or by debts.
Answer:
Economies of scope
Explanation:
Economies of scope is a benefit that a company has by producing a a wide range of products or services which reduces the unit cost. In this case of a financial institution, offering more credit cards to a large number of people will help them achieve their desired cost savings. Economies of scope is achieved when it provides a business with ways to generate operational efficiencies.
Explanation:
Marketing is profitably using the results of studying short term and long term needs of those who can pay for a one-time, or in most cases, a steady flow of service or product placement. In 2017 The New York Times described it as "the art of telling stories so enthralling that people lose track of their wallets.[1]
It is one of the primary components of business management and commerce.[2] Marketers can direct their product to other businesses (B2B marketing) or directly to consumers (B2C marketing).[3] Regardless of who is being marketed to, several factors apply, including the perspective the marketers will use. Known as market orientations, they determine how marketers will approach the planning stage of marketing.[4]
The marketing mix, which outlines the specifics of the product and how it will be sold,[5][6] is affected by the environment surrounding the product,[7] the results of marketing research and market research,[8][9] and the characteristics of the product's target market.[10] Once these factors are determined, marketers must then decide what methods will be used to promote the product,[3] including use of coupons and other price inducements.[11]
The term marketing, what is commonly known as attracting customers, incorporates knowledge gained by studying the management of exchange relationships[12][13] and is the business process of identifying, anticipating and satisfying customers' needs and wants.
