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tia_tia [17]
4 years ago
12

An advantage of the prototype model in describing how we think about concepts is that

Business
1 answer:
scoundrel [369]4 years ago
4 0
The answer to this question is <span>it allows for flexibility in letting unusual concepts be included in a category.
The prototype model under in this context refers to the understanding of a certain conecept based on the current existing requirements. If, there is new information arrive, we just need to integrate it and formulate a new understanding on that concept.</span>
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emilio and dylan are studying the strengths and weaknesses of their construction business, construction concepts, as well as res
Shalnov [3]

Emilio and Dylan are conducting a SWOT Analysis of their construction business.

A SWOT analysis enables a company to find out:

  • Strengths - the parts of its company that set it apart and give it an advantage
  • Weaknesses - areas that they can and should improve on to be more successful
  • Opportunities -  whatever developments in their industry that they can leverage on to become more successful
  • Threats - things that they need to watch out for that could give them problems in the near future

This is what Emilio and Dylan are doing and it is very important as it can allow a company to see the things it needs to do to be successful.

In conclusion, Emilio and Dylan are conducting a SWOT analysis to ensure that their business grows.

<em>Find out more at brainly.com/question/18068310. </em>

7 0
3 years ago
Could someone please help me write a cover letter?​
vlada-n [284]
What’s your cover letter about
5 0
2 years ago
The Artisan Cheese Company in Florida has decided to add a new line of imported cheeses to its offering. The company president (
KonstantinChe [14]

Answer:

Cheeses from England.

Explanation:

First, let us define what Marketing Mix is:

  • This refers to the number of strategies a company employs to promote its goods and services in the market. The four Ps of the marketing mix include Product, Price, Place and Promotion.

The goal of a marketing strategy is to create awareness among the target audience.

Feedback and surveys are ways in which a company informs its marketing mix strategy. Therefore, if it has been determined from the customer feedback from company surveys and cheese tasting that the Product the customers prefer is Cheese from England, then that is what should be produced and promoted.

It cannot be over emphasized that companies are in business because of the customers, so their opinion takes precedence, as the saying goes, customer is always right. Therefore, if the need of the customer is not met, the company will make no profits.

The company president and product director will have to do what the customer wants.

4 0
3 years ago
Required information [The following information applies to the questions displayed below.] The following events occur for Morris
Gekata [30.6K]

Answer:

Journal 1 : February 2, 2021 Provide services to customers on account for $26,000

Trade Receivables $26,000 (debit)

Revenue $26,000 (credit)

Journal 2 :July 23, 2021 Receive $17,000 from customers on account.

Bank $17,000 (debit)

Trade Receivables $17,000 (credit)

Journal 3 :December 31, 2021 Estimate that 20% of uncollected accounts will not be received

Profit and Loss $ 1,800 (debit)

Allowance for Doubtful Debts  $ 1,800 (credit)

(26,000-17,000)×20%

Journal 4 :April 12, 2022 Provide services to customers on account for $39,000

Trade Receivables $39,000 (debit)

Revenue $39,000 (credit)

Journal 5 :June 28, 2022 Receive $6,000 from customers for services provided in 2021.

Bank $6,000 (debit)

Trade Receivables $6,000 (credit)

Journal 6 :September 13, 2022 Write off the remaining amounts owed from services provided in 2021.

Bad Debts $3,000 (debit)

Trade Receivables $3,000 (credit)

(26,000-17,000-6,000)

Journal 7 :October 5, 2022 Receive $35,000 from customers for services provided in 2022

Bank $35,000 (debit)

Trade Receivables $35,000 (credit)

Journal 8 :December 31, 2022 Estimate that 20% of uncollected accounts will not be received.

Profit and Loss $800 (debit)

Allowance for Doubtful Debts $800 (credit)

39,000-35,000×20% = 800

Explanation:

"Services to customers on account"

Recognise an Asset - Trade Receivables and also Recognise Revenue

"Receipt of Cash from Receivables"

Recognise the Assets of Cash and De-recognise the Trade Receivable

"Estimate of uncollected accounts"

Recognise an Expense in the Profit and Loss and recognise a Contra - Account Allowance for Doubtful Debts to De-recognise the Trade Receivables

8 0
3 years ago
Demand deposits are included in?
Elza [17]

Answer:

savings accounts or checking accounts

8 0
2 years ago
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