<span>Is what we call the stock of goods that a business or store has on hand? Inventory. Inventory and inventory management is so important when it comes to running a business with goods for purchase. The business needs to make sure they have enough supply on hand for the amount of demand that consumers have for the product. Usually there is an inventory management team that keeps track of how the products are staying in stock and when reordering needs to happen. </span>
100% Inspection method is the quality control technique that attempts to keep errors from reaching the final customers.
100% inspection method is a quality control technique which involves assessing and looking at all the parts of a product.
This type of quality control is done to rule out flaws in products so that they do not reach to the customers.
This method is commonly used to evaluate the valuable metals and products.
When conducting the 100% inspection method data about the manufacturing process is required and software is also needed to analyze inventory of the products.
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Answer:
The answer is $10,800
Explanation:
Straight line method of depreciation is:
Cost - residual value/number of useful life
Cost - $62,000
Residual value - $8,000
Number of years - 5years
=62,000 - 8,000/5
=57,000/5
$10,800.
Therefore, $10,800 will be charged every year.
The given statement is True.
In this new communication environment, advertising is often the single most important element of a marketing communication program for sales and building brand and customer equity.
Explanation:
Advertising is an important part of Marketing. Advertising is basically a written, verbal, non verbal, visual, promotional message about the product or service by the company.
In this new world of communication, Advertising is very important, because without advertising, it is very difficult to attract customers and make the customer's base and build the brand image among them.
Advertising is done by companies through medium like, Television, Magazines, Billboards, Hoardings, Promotional Events, etc.
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Answer:
4. The obligation for payment of the commission is whichever compensation arrangement box is checked.
Explanation:
Exclusive right-to-buy contracts is one of the most common buyer-broker agreement between buyers and brokers or sellers.
This agreement outlines the obligations of the broker, the broker-agent relationship, and the responsibilities of the buyer.
Whatever is agreed on between the buyer and the seller or broker is the obligation for payment of commission and this will be strictly adhered to by both parties.
