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Olin [163]
3 years ago
6

A business model describes how a company​ produces, delivers, and sells a product or service to create wealth.

Business
1 answer:
Rudiy273 years ago
3 0

Answer: True.

Explanation:

The business model of a company is a business organization's plan to operate business. The business model covers the product the company intends to sell, the customers their products are aimed towards and the budgeted cost of running the business.

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look-alike tasteeos sell for far less than the market-leading cheerios brand. which market follower strategy is being employed b
Taya2010 [7]

Look-alike Tasteeos sell for less price than the market-leading Cheerios brand. Cereal manufacturer has employed a cloner marketing strategy.

Cloner marketing strategy refers to creating a product by copying features of an already existing brand product. A manufacturer might copy the same features of distribution, production, labeling, ingredients, advertisement, and looks but the quality will differ from the leading brand.

Cloner is a parasitic marketing strategy that thrives on the investment of the major brand that another firm is copying to sell its products. To escape the copyright issue, these cloner firms make sure the name of the product is slightly different from that of the major brand.

Learn more about marketing strategy here brainly.com/question/25492268

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8 0
1 year ago
Types of Economic Data For each of the following e whether the data are cross-section, time series or panel data. (a) Quarterly
Nitella [24]

Answer:

A. Time series

B. Cross Sectional

C. Panel

D.  Cross Sectional

Explanation:

(a) Quarterly data on the level of U.S. new housing construction from 2000 to 2018, Time series data, numerical

(b) Data on number of doctor visits in 2018 for a sample of 192 individuals. Cross sectional data, numerical

(c) Data on annual health expenditures for each U.S. state from 2000 to 2018. Panel Data, Numerical

(d) Data on usual mode of transportation used to commute to work for a sample of 151 individuals. Categorical

3 0
3 years ago
On jan. 2, callie company received a $700 payment from a customer previously billed for services performed. the journal entry to
svp [43]

To record On Jan 2, Callie Taylor received a $700 payment from a customer formerly billed for services performed. The journal entry to record this transaction would contain a debit to the cash account and a credit to the Accounts Receivable account.

<h3>What is Journal entry?</h3>

A journal entry exists as an act of keeping or creating records of any transactions either economic or non-economic. Transactions exist listed in an accounting journal that indicates a company's debit and credit balances. The journal entry can consist of several recordings, each of which exists either a debit or a credit.

A journal entry exists as a record of the business transactions in the accounting books of a business. A properly recorded journal entry consists of the correct date, amounts to be debited and credited, an explanation of the transaction, and a unique reference number. A journal entry exists as the first step in the accounting cycle.

Hence, To record On Jan 2, Callie Taylor received a $700 payment from a customer formerly billed for services performed. The journal entry to record this transaction would contain a debit to the cash account and a credit to the Accounts Receivable account.

To learn more about Journal entry refer to:

brainly.com/question/14279491

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7 0
2 years ago
True or false?
IRISSAK [1]

Answer:

The statement is: True.

Explanation:

A competitive advantage is an advantage an individual, organization or country has over its competitors. That competitive advantage can be a comparative advantage when the entity has found a way to implement lower opportunity costs in its production process or a differential advantage if the firm provides a product or service with a unique feature difficult to replicate by competitors.

8 0
4 years ago
If the fed raised the reserve requirement, the demand for reserves would.
Ilya [14]

In a scenario where the fed raise the reserve requirement, the demand for reserves would increase.

<h3>What is a reserve requirement?</h3>

A reserve requirement simply means the amount of money that banks are expected to keep with the central bank.

It should be noted that when the fed raise the reserve requirement, the demand for reserves would increase, therefore, the federal rates would fall.

Learn more about reserve requirements on:

brainly.com/question/10684321

8 0
2 years ago
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