consumer to share liability with a company.
Answer: Product differentiation strategy
Explanation: In the given case, the industry in which Thomas works depicts features of oligopoly with few firms operating at high level. Thus, increase in price by Thomas would shift the demand for consumers to other firms.
Hence Thomas should opt for product differentiation strategy and should increase those features which classify its products different from the others. In such industries, quality is the core essence and costumers are wiling to pay slight higher prices if the quality of the product offered is higher than others.
Hence Thomas should narrow the completion and should focus on inventing some unique features in his products.
Answer:
B.
Explanation:
Based on the information provided within the question it can be said that the best option for Steve in this scenario would be to try to convince the buyer by stating that his company's computers offer high-quality graphics. This is mainly due to the fact that he knows exactly what the customers need and therefore his best option to be able to sell his products would be to convince the prospective customer that his products have the features that they want.
Native advertising:
D. Doesn't include a sales pitch.
Explanation:
Native advertising uses paid ads that have to match the look and feel and even the style of the content that is being put up on the website to market another product.
It is an effective way of advertising in a time when he advertising numbing of people has been an understood concept.
The people have learnt not to fall for sales pitches that used to work before so the market has had to adapt to this by using native advertising that is not using some sales pitch overtly.
Answer:
Check the explanation
Explanation:
JOURNAL ENTRIES UNDER PERPETUAL INVENTORY SYSTEM
$ $
a) Cash A/c. Dr. 10000
To Sales A/c. 10000
Cost of Goods Sold A/c. Dr. 4500
To Inventory A/c. 4500
b) Account Receivables A/c. Dr. 8500
To Sales A/c. 8500
Cost of Goods Sold A/c. Dr. 4100
To Inventory A/c. 4100
c) Account Receivables A/c. Dr. 3500
To Sales A/c. 3500
Cost of Goods Sold A/c. Dr. 1600
To Inventory A/c. 1600
d) Inventory Dr. 255
To Cash A/c. 255
e) Bank A/c. Dr. 3150*
Inventory A/c. Dr. 175
To Account Receivable A/c. 3325
*3325-175=3150