Answer: $390
Explanation:
Revenue for a merchandising business is realized when the business sells some of its goods to customers. This can either be in cash or on account which would mean that the customer did not pay cash but now owes them.
The business sold merchandise costing $350 for $390 on account so this is the amount that they will recognize as revenue.
Answer:
B. Influencers
Explanation:
E-commerce is the act of conducting business, whether it is the buying or selling of goods and services electronically or by use of the internet. The invention of new technology has brought about new and easier ways of conducting business. This means that instead of going through the time-consuming process of looking for a shop or store to purchase a good or service, one with the help of a phone or a computer that is internet enabled can simply access an online platform where the goods are being sold and purchase the good that will be delivered to a place of there choosing. This is easier.
In an E-commerce setting, one can also want to market there product to reach a broader audience quickly. There are different methods one can utilize to achieve this, including using a management process team that will ensure that all the resources including the human resources are utilized effectively to achieve set organizational goals. The advertisement can also be tailored to attract specific audiences that have a higher chance of becoming customers, this are referred to as target audience. Nevertheless, a creative process teams can also be used to ensure that the analytical process of developing a good or service is done in such a manner that ensures customer satisfaction. Finally, influencers can also be used. Influencers are individuals that can alter the opinion of others about a service in their area of expertise. This may be due to many reasons like; they could be respected experts in that particular field or they could command a huge following in social media.
In our case, influencers would be the best option to use for a broader audience quickly since they already have a following of their own.
Answer:
1. Population of those owning a pet in the business area
2. Secondary research technique
Explanation:
1. This provides valuable insight into the possible expected market demand for your cremation services, because the number of those having pets let you know if it is viable to get clients in that location or relocate to another promising location.
2. A secondary research technique allows for a situation as this; in which one has a limited budget. This is the case because one can quickly lookup existing research data from reputable sources such as the US Census Bureau free of charge about the target audience.
Answer:
Explanation:
Monty Corp:
Sunland company:
Monty Corp Sunland Company
Sales revenue $92000 $103200
Sales return and allowances $6000 $5200
Net sales $86000 $108000
Cost of goods sold $55900 $66960
Gross profit $30100 $41040
Operating expense $13760 $19440
Net income $16340 $21600
