Answer:
A closed shop refers to business which employs union workers alone, whereas in case of a lockout, such a business does not permit employment of union workers.
Lockout serves as a mean to curb labor union demands. In lockouts, the owners of such businesses lock out or block the entry/employment of union workers.
In case of a closed shop, all the employees represent members of labor union. The two concepts represent exactly opposite scenarios.
An art gallery can be a type of business that uses a periodic inventory method.
<h3>What is a periodic inventory method?</h3>
It corresponds to a system used by companies to control and evaluate their stock. In this periodic system, the inventory account would be closed only after an accounting period, such as 1 month or 1 year for example.
In the periodic inventory, the stock accounts would not be updated after each sale and purchase, and the company would be able to analyze and track its stock only after the end of the stipulated accounting period.
Therefore, an art gallery would probably be a company that would use the periodic inventory system because it offers works of art that are generally unique and do not have more than one piece in stock, and sell few units per month.
Find out more about periodic inventory on:
brainly.com/question/25887081
#SPJ1
Answer:
Explanation:
marketing is called consumer to consumer marketing
It is the making of product or administration with the particular limited time procedure being for shoppers to impart that item or administration to others as brand advocates dependent on the estimation of the item.
The most noticeable instances of incorporate eBay, an online closeout web page, and amazon which is used for costumer service.
<span>If the quantity demanded for a good rises as the price falls, then the curve representing this relationship will be: </span><span> impossible to determine.
even though the relationship between the quantity demanded and the nature of the price still correct, we need at least the some sort of illustration of the actual amount of quantity and the price to be able to draw the graph</span>
