A successful retailer offering both physical and online retailing seamlessly rather than two separate entities can be referred to as Phygital.
<h3>Retailer</h3>
A retailer is a person who sells goods to the public in relatively small portions for consumptions rather than a resale.
Pyhgital is the concept of using technology to bridge the digital world with the physical world with the purpose of providing a unique interactive experience for the users.
Therefore, for a retailer to successfully offer a seamless experience between the physical and online world, Phygital is used.
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Answer: A firm operating across borders must deal with both foreign and international environment. Options A and B
Explanation:
International Business is a kind of business between two or more countries, that involves the trade of products and services across national borders or on a global level.
An example is the oil industry in which oil is produced by one country and sold to another. Both countries deal with both Foreign and International environments.
Answer:
Explanation:
The company must record the acquisition of that inventory, including all the expenses related to the purchase and logistics, up to have them placed in the company´s warehouse.
Therefore, the journal entry to record those transactions are:
Dr Inventory 8,200
Cr Cash 8,200
Notice that freight costs are not considered expenses in this case, as they are capitalized being part of the inventory cost.
<u>Income Statement</u>: no change
<u>Balance Sheet</u>: Inventory increased by $ 8,200
Cash decreased by $ 8,200
<u>Net change</u>: $ 0
Answer:
The correct answer is C
Explanation:
Consolidation strategy is the stage or the phase in the company or the industry lifecycle, where the segments or parts in the company or in the industry begin to merge.
Business mostly consolidate in order to gain the larger portion of the market share so as to take the benefit of synergies.
In short, this strategy, states the acquisition and merger of the smaller companies into a much larger for the economic benefit.
So, in this case, the Magnet adopted or followed the strategy of consolidation.
