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Mashutka [201]
3 years ago
6

Which of the following statements is true of retailing? A) All retail stores are full-service retail stores. B) A department sto

re has a narrow product line with a deep assortment. C) The largest type of retail outlet is a supermarket. D) Services like hotels, banks, airlines, restaurants, colleges, and hospitals can be retailed. E) A feature common to all types of retail stores is the use of the everyday low pricing strategy.
Business
1 answer:
hodyreva [135]3 years ago
5 0

Answer:

The correct answer is letter "D": Services like hotels, banks, airlines, restaurants, colleges, and hospitals can be retailed.

Explanation:

Retailing refers to the activity of selling large quantities of goods to as many consumers as possible usually in units or small amounts. <em>Wal-Mart, Costco, Kroger, and Home Depot </em>are examples of retailers. Services can be also retailed. In an attempt to boost sales, hotels and airlines tend to sell stays or flight tickets in large quantities to agencies for them later to resell them to individuals. Hospitals offer check-ups or colleges offer courses to entities that, in the same way, profit by selling them per unit.

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What would you do if you got conflicting answers for the same procedure from two different people you interviewed? What would yo
Gennadij [26K]

Answer:

The best solution will be to get the two individuals together to try and get a solution that is agreeable between two of them.

Explanation:

The role of a system analyst is not to make a decision about the best procedure to use, rather it is the responsibility of the users to do so.

The analyst is to facilitate a common ground that takes into consideration all views.

In the given scenario the department manager may be privy to information that the clerical person does not have. This will give a better view of processes that will be in line with business goals and objectives.

However the clerical staff pays more attention to details of business procedures. He is most likely more updated on business procedure that the department head.

The best way forward is the get the two of them together to trash out the differences of their procedures and come up with one that takes the managerial view of the department head and the detail oriented view of the clerical staff into consideration

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3 years ago
A business formation is also known as:
Iteru [2.4K]

Business formation is also known as: a business attraction

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3 years ago
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A $63,000 machine with a 7-year class life was purchased 2 years ago. The machine will now be sold for $50,000 and replaced with
Nadusha1986 [10]

The initial outlay for the project after depreciation is loss of $26,700.

<h3>What is  depreciation?</h3>

Depreciation in accounting refers to two parts of the same concept: first, the real decline in fair value of an asset, such as the worth of factory equipment each year.

Depreciation is used to match the cost of a productive asset with a useful life of more than a year to the revenues received by employing the asset. The expense of an asset is frequently spread out throughout the years that it is used.

Section 32 of the Income Tax Act of 1961 contains the provision for authorising depreciation. Depreciation is a deduction allowed by the Income Tax Act for the reduction in the real worth of a physical or intangible asset used by a taxpayer.

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7 0
2 years ago
A firm sells a product in a perfectly competitive market. The marginal cost of the product at the current output level of 1,000
Sergio039 [100]

Answer:

The correct answer is "Continue producing 1000 units"

Explanation:

(In a perfect market)

When the price is = marginal cost. This means that if you increase your production, the benefits-profits will be the same as if you produce the same quantity.

When the Price > Marginal cost, means that consumers demand more for that good, so the producer has an incentive to increase the supply

When the Price < Marginal cost, means that production is higher than the consumer's demand.  This is an incentive to decrease the supply.

For this case, the best option is to continue producing the same quantity of units, 1000 units

8 0
3 years ago
Which of the following is considered a low-risk investment?
KonstantinChe [14]

Certificates of deposit is considered a low-risk investment.

<h3><u>Explanation: </u></h3>

CD s or Certificates of Deposits are the accounts for making deposits and are offered by banks. These funds that you deposit in this account will be safer and it should be deposited for some specific time period. There will not be any uncertainty associated with this type of investments.

The interest rates will not be change based on any factors.But the advantage is that if you want to withdraw the invested amount before the maturity period there should be some penalties associated with that. So we can have several CD account to withdraw during the maturity dates.

6 0
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