Answer:
The correct answer is E. In the face of strong competition from Amazon, Walmart's 2016 acquisition of Jet. com was driven by a strategic objective, such as reducing the number of strategic groups in the industry..
Explanation:
Walmart's purchase of Jet.com was purely and exclusively due to market strategy issues. Given the growth of Amazon, and in view of the digitization of consumption, Walmart decided to remove a medium-sized competitor like Jet.com from the market, that is, incorporating it into its business portfolio and making it a Walmart subsidiary. In this way, Walmart can carry out direct competition with Amazon, trying to prevent it from monopolizing the retail market.
Answer:
C) Business marketing
Explanation:
There are two major types of business transactions: business to business (B2B) and business to consumers (B2C).
When a company engages in B2B transactions, they are selling their products or services to another business or individual that will resell them to individual consumers. For example, Nike sells shoes to Foot Locker, and then Foot Locker resells them to final consumers.
Businesses engaged in B2B transactions use specific marketing strategies aimed at their wholesale clients which usually vary from marketing strategies aimed at final consumers, e.g. offer discounts for buying in bulk.
Answer:
Skysong Corporation
Statement of Retained Earnings
Retained earnings balance January 1, 2020 $691,300
Add:
Adjustments to 2019 Income Statement $88,390
Net profits 2020 $1,552,100
Less:
<u>Dividends declared and distributed ($82,000) </u>
Retained earnings balance December 31, 2020 $2,249,790
Since the land purchase was recorded as maintenance expense by error, the 2019 income statement must be adjusted by adding that amount.
