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dimulka [17.4K]
2 years ago
5

Elmo Corp., a manufacturer of personal computers and printers, recently established an office furniture exporting business. This

is an example of ________.
Business
1 answer:
Leokris [45]2 years ago
6 0

Answer:

The correct answer is Diversification.

Explanation:

Business diversification is the process by which an organization starts offering new products or entering new markets by acquiring other corporations or investing in new businesses. It is about growth and expansion strategies. This allows companies to attract new customers and expand their area of activity in the market.

In this way, a clothing store could expand its range of products also offering fashion accessories, such as shoes, bags or jewelry. Similarly, you could choose to enter other markets. How? Opening stores in other areas of the city, or looking for an audience with a different purchasing level. Adapting your products to the needs of new customers. To expand its scope, it would be best to open an ecommerce and sell online, with its subsequent home delivery.

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Other things the same, which bond would you expect to pay the lowest interest rate?
Elis [28]

Answer:

d) a bond issued by the U.S. government

Explanation:

A bond issued by the US government will be expected to pay the lowest interest rate because the default risk is almost 0 with the US government which means that it is a risk free investment for the lender. The investor will be willing to lend money to US government at the lowest interest rate out of all the options because it is the safest investment therefore the investor's required rate of return is the lowest for US government.

3 0
3 years ago
Buyline is an e-commerce Web site. It has come up with a promotional offer where buyers get a 60 percent discount on refrigerato
Illusion [34]

Answer:

D. Group buying platform

Explanation:

Group buying platform  is a kind of  online buying platform that  offers products and services at significantly reduced prices on the condition that a specific  number of buyers would make the purchase.  In group buying, a minimum number of buyers that are expected to make purchase are clearly stated and it usually has a time frame

3 0
3 years ago
Journalize the following entries on the books of Winston Co. for August 1, September 1, and November 30. (Assume a 360-day year
olasank [31]

Answer and Explanation:

The journal entries are shown below:

On Aug. 1

Merchandise Inventory $75,000  

         To Accounts Payable  $75,000

(Being the purchase of merchandise inventory is recorded)

For recording this we debited the merchandise inventory as it increased the assets and credited the account payable as it also increased the liabilities

On Sept. 1

Accounts Payable $75,000  

           To Notes Payable  $75,000

(Being the issued of note payable on the account is recorded)

For recording this we debited the account payable as it decreased the liabilities and credited the note payable as it increased the liabilities

On Nov. 30

Notes Payable $75,000  

Interest Expense $1,125  ($75,000 × 6% × 90 days ÷ 360 days)

             To Cash  $76,125

(Being cash paid is recorded)

For recording this we debited the note payable and interest expense as it decreased the liabilities and increased the expense and credited the cash as it decreased the assets

8 0
2 years ago
You are the PR officer of a major MNE in the chemicals industry. The national press in your home country alleges that your compa
yarga [219]
Business wise you’d keep covering it up, morally you’d expose the truth and stop it. Although you could anonymously release it to the press without any traces it came from you.
3 0
3 years ago
On her way to office, Mandy bought a cup of cappuccino from a newly opened café. She loved the drink, and recommended the café t
Serhud [2]

Answer:

On her way to office, Mandy bought a cup of cappuccino from a newly opened café. She loved the drink, and recommended the café to her colleague. In the given scenario, Mandy's recommendation is an example of <em>Word-of-Mouth advertising which is an unpaid form of promotion in which, satisfied customers tell other people how much they like a business, product or service. Word-of-mouth advertising is important for every business, as each happy customer can steer dozens of new ones your way.</em>

Explanation:

Word-of-mouth marketing (WOM) is an age old marketing technique that has stood the test of time to remain the most effective form of marketing. It is a powerful asset in our line of work which retains its influential power on the purchase behaviour of customers because it is based on trust, piques people's interestand and gets people talking.  

It is also called word of mouth advertising which is incorrect because, by definition, advertising is a paid and non-personal communication.

There are different word of mouth marketing techniques that may used when something is done or created unique are:

- Set up word of mouth triggers.

- Use visual triggers as emotional provocation.

- Encourage user generated content.

- Positive WOM is to provide information for consumers which highlights the strengths of a product or service and encourages consumers to adopt a product or service.

- Push ratings and reviews hard: about 62% of consumers search online for reviews and information before purchasing a product and a whopping; 90% believe brand recommendations from friends; 28% of consumers say word of mouth is the most important factor in strengthening or eroding brand affinity.  

Marketing executives considered mouth to mouth to be the most effective form of promotion and indicated that they believe word of mouth is the most effective form of marketing.

7 0
3 years ago
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