Explanation:
E-Business is taking a big space in the market. Now we can order anything from the comfort of our home. E-businesses work on strategic alliance among companies.
For example one company will come up with an idea of selling makeup and skincare products online. The other well established makeup brands will collaborate with the online merchant and all the products will be displayed. So there are more than one company working on a same platform.
In the scenario given above, Tim is engaging in OBSERVATION RESEARCH. Observation research, also called field research is a type of non-experimental research in which a researcher is observing an ongoing natural behaviour that is occurring in a natural setting. The result of analysis of this behaviour can help a company to serve its customers better.
Answer:
Annual depreciation= $14,420
Book value= $50,160
Explanation:
Giving the following information:
Purchase price= $79,000
Useful life= 5 years
Salvage value= $6,900
<u>To calculate the depreciation expense, we need to use the following formula:</u>
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (79,000 - 6,900) / 5
Annual depreciation= $14,420
<u>Now, the book value:</u>
Book value= purchase price - accumulated depreciation
Book value= 79,000 - (14,420*2)
Book value= $50,160
<span>A restatement section 402 defect in design.</span>
Answer: Cost focus strategy
Explanation:
The cost focus strategy is one of the type of business strategy in which the various types of companies or organizations are try to expand their marketing segments and also emphasizing the cost in the market.
The cost focus strategy is one of the important element and component of the generic marketing strategy in the market.
According to the given question, the ski safety selling the various types of products for the rescue purpose and it outlining the main objective and start selling on the basis of emergency at very high cost.
Therefore, Ski safety is basically pursing the cost focus strategy.