If a display rack was purchased for the store, which account would be increased

The CEO of a service company wants to change the strategy of the company from volume sales to high-quality products. Which philo

Mumz [18]

Answer:The CEO should implement

Deming's 14 points.

Explanation:

Deming's 14 points is a management practice that helps company improve their productivity and quantity.

Also, Deming contain 14 key principles for management for transforming business effectiveness.

8 0

3 years ago

The ending balance of accounts receivable was $74,000. Sales, adjusted to a cash basis using the direct method on the statement

denpristay [2]

Answer:

The beginning balance in accounts receivable was: $47,500

Explanation:

Sales reported on the income statement were $385,500, Accounts receivable increased of $385,500 during the period.

Sales, adjusted to a cash basis using the direct method on the statement of cash flows, were $359,000. The company collected $359,000 from the sales. Accounts receivable decreased of $359,000 during the period.

The beginning balance in accounts receivable = The ending balance of accounts receivable + Accounts receivable decreased during the period - Accounts receivable increased during the period = $74,000 + $359,000 - $385,500 = $47,500

5 0

3 years ago

Rodgers Inc. is imports paper from Shanghai China. In a typical transaction Rodgers receives a delivery of paper from the Chines

kari74 [83]

Answer:

Rodgers can hedge its foreign risk by using a Contract to buy Yuan in the futures market today at an agreed upon price in 90 days.

Explanation:

Solution

Since Rodgers receives a delivery of paper from the Chinese Company and pays the company in Yuan, so he has to hedge his exchange rate risk by buying or purchasing Yuan future contract for 90 days.

So, Rodgers Incorporation should make a contract to buy Yuan in the future market today at an agreed price in 90 days.

5 0

4 years ago

In an unregulated, competitive market consumer surplus exists because:___________.

Paha777 [63]

Answer: some consumers are willing to pay more than the equilibrium price.

Explanation:

Consumer Surplus is simply the difference between the price that is paid by a consumer and the price that the consumer was willing to pay in the first place.

In an unregulated, competitive market consumer surplus exists because some

consumers are willing to pay more than the equilibrium price.

4 0

3 years ago

How would you market a health club in the South versus on the East Coast or West <br> Coast?

Delicious77 [7]

We will first make a list of the market characteristics that are pertinent to the health club, and then, based on that list, we will determine the type of marketing strategy that needs to be adopted for the marketing of the health club. This will allow us to gain an understanding of the differences in how marketing is approached for the East, West, and South markets.

The East Coast is distinguished by its high levels of affluence, hectic urban environments, and limited free time, all of which contribute to a lower frequency of visits to fitness and health clubs. The most difficult task is to persuade them to make time for themselves and go to the fitness center. It is a very difficult task to sell memberships to a health club since most individuals would rather join a social club, which allows them to drink and host get-togethers.

This is further explained below.

<h3>What is a health club?</h3>

Generally, Because marketing a health club is not about the product but rather about the experience that the facility can provide, the strategy should be analogous to experiential marketing. Furthermore, in order to increase sales, the experience needs to be improved while also being maintained in terms of the quality of the experience that it delivers.

In conclusion, West Coast: Relaxed, natural, and health-focused. High spending power. Marketing should separate the health club via benefit selling. Because of increased competition, marketing should differentiate more.