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Bezzdna [24]
4 years ago
11

True or false. The financial crisis hastened the ongoing process in which the financial services industry was transforming from

having a few large firms to many small firms.
Business
1 answer:
drek231 [11]4 years ago
5 0

True.The financial crisis hastened the ongoing process in which the financial services industry was transforming from having a few large firms to many small firms.

Explanation:

The financial crisis broke the back of many big firms especially working the stock market and exchange. Financing services were being handled by big behemoths during the time that harbored a lot of space in the industry and did not allow smaller firms to take over the tasks and succeed in their stead.

The crisis made it impossible for their business models to sustain and no one could afford a hefty sum for financial services so smaller companies with less operational costs took their place.

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Anson Apparel's marketing message in the United States is one of apparel for the rugged man who spends most of his time outdoors
crimeas [40]

Answer:

Customer landscape: customers' habits, values and preferences related to rugged men. Market landscape: apparel alternatives available in the Chinese market; share market distribution; competitors brand positioning.

Explanation:

The marketing message is the result of marketing strategy based on situational conditions of the company in the US, that market is different from the Chinese market so that the strategic analysis could find as a result a different message more appealing for rugged men in China.

8 0
3 years ago
Nathan goes to a store to purchase laundry detergents. When Nathan looks around to make a brand selection, he realizes that he l
lorasvet [3.4K]

Answer:

its either inert set or the inept set

Explanation:

Inert set: Those brands of which the consumer is aware, but towards which he or she is basically indifferent. Brands in this set are generally considered acceptable by the consumer when preferred brands are not available

Inept Set. brands that a buyer is aware of when considering a purchase, thinks poorly of, but uses in some way as a source of information. See: Inert Set Evoked Set.

these are the 2 definitions for both of them

7 0
4 years ago
Karen Meyer owns and operates Crystal Cleaning Company. Recently, Meyer withdrew $10,000 from Crystal Cleaning, and she contribu
m_a_m_a [10]

Answer:

a) Karen Meyer's personal records

c) American Red Cross

Explanation:

Crystal cleaning has no concers of the money once it is withdrew.

Now the contribution will be in Karen records. She may use it for tax benefit or just to have an archive of whis espending. Either way if she keeps accounting for his own money, then it will be recorded.

Also the American Red Cross will record the cash received along with other donations.

4 0
3 years ago
Wildhorse Company has recorded bad debt expense in the past at a rate of 1.5% of accounts receivable, based on an aging analysis
Fiesta28 [93]

Answer:

. If Wildhorse’s tax rate is 30%, what amount should it report as the cumulative effect of changing the estimated bad debt rate?

Answer is 0.

Explanation:

The answer is 0 because it has not impact in the accumulated value of the bad debts expenses.

The impact is in the current year of 2020 on the estimated value of $132,000 that will be reported as bad debt expenses but there is no impact in the accumulated value becasue it only has an impact in the current estimation.

7 0
3 years ago
Assume that a major customer of the company that you are auditing files for bankruptcy during the subsequent period because of a
Tomtit [17]

Answer:

Type I subsequent event

Explanation:

The reason is that there are two types of subsequent events which includes a recognizable event and a non-recognizable event. In the Recognizable event which is also known as type 1 subsequent events is the event that has occurred at the financial statement date and is concluded after the year end. So in this case, the event had occured at the financial statement date which the auditor and the company didn't knew about and has been concluded in the subsequent period.

5 0
3 years ago
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