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2 years ago

Without a strong and efficient marketing channel system, merchandise isn't available when customers want it. True False

Business

1 answer:

Andrews [41]2 years ago

8 0

Answer:

TRUE

Explanation:

Network representatives add value for suppliers and clients alike. They balance the difference between buyers and sellers in terms of time, location, and ownership.

Channel representatives collect demand and supply information to make the services available on the marketplace.

At a market level, product placement relates to the wide range of products available on the market and presentation of those items in such a manner as to generate curiosity and entice investors to make a buy.

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The nation of Newbie is establishing its monetary system and is designing its currency. The first proposal is to issue the Newbi

aliya0001 [1]

Answer:

The answer is yes, it will function as a medium of exchange.

Explanation:

Money has three functions, store of value, unit of account and medium of exchange. Money that can be used as a medium of exchange is money that is accepted as such by both buyers and sellers, and that is comfortable, or convenient enough, to be carried and exchanged

In this example, the nation of Newbie will issue a currency that can be easily transported. While heavy stock cardboard is a little bit heavier than the paper in which most modern-day currencies are printed, the weight is still light, and does not impede easy transportation and exchange of the currency bills.

Besides, the new Newbie Nugget will be what is know was the legal tender of the nation. The legal tender is the currency that a specific country accepts to collect taxes. This gives more legitimacy to Newbie Nugget and makes it a classical example of a medium of exchange.

3 0

3 years ago

Saskatchewan Forestry Company purchased a timber tract for $225,000 and estimates that it will be depleted evenly over its 10-ye

ale4655 [162]

Answer:

generally you need to determine the cost per unit, but in this case you are given a percentage of depletion = 10% x $225,000 = $22,500 which determines the inventory value (or depletion expense if the timber is sold) during the year.

the journal entry should be:

December 31, 20xx

Dr Timber inventory 22,500

Cr Accumulated depletion - timber tract 22,500

5 0

2 years ago

All of the following are steps in the marketing research process exceptA) collecting dataB) interpreting research findingsC) des

madreJ [45]

Answer: E- understanding your customer

Explanation: Marketing Research is the ability of an organisation to dig deep into its process of marketing and identifying problems that might affect the future of the organisation.

Most organisation do not take marketing research serious thereby cutting any budget set aside for this purpose. For a marketing research to be effective, there are processes to be followed and they are:

1. Identifying the problem

2. develop a marketing research plan

3. collect all relevant data

4. Analyse all data and report the findings

5.put your findings into action

8 0

2 years ago

On June 5, Staley Electronics purchases 180 units of inventory on account for $18 each. After closer examination, Staley determi

Oduvanchick [21]

Answer along with its Explanation:

Journal entry to record the credit purchase of the 100 inventory units would be increase in inventory and accounts payables as under:

Dr Inventory Purchases $3,240

Cr Accounts Payables $3,240

The journal entry to record the purchase return is the reversal of the inventory purchases and will be with purchase value of 20 inventory units at $18 per unit. The transaction is given as under:

Dr Accounts Payables $360

Cr Inventory Purchases $360

The entry to record the sale of the inventory would be in two steps and are given as under:

Step 1: Record the increase in Credit Sales, which will also increase the accounts receivables and the sale value $31 per unit will be used.

Dr Accounts Receivables $4,960

Cr Revenue Account $4,960

Step 2: Record the decrease in inventory as the asset after sale would be no more in the inventory so the cost of this inventory would be reduced to zero, which will be allocated to cost of goods sold.

Dr Cost of Goods Sold $2,880

Cr Inventory Account $2,880

7 0

2 years ago

Identify the marketing research technique implied in the scenario. Tiara is planning to open a small café in her neighborhood. H

AnnyKZ [126]

Answer:

demographic and psychographic segmentation

Explanation:

Tiara's target market is based on age (demographic) and interests (psychographic)

5 0

3 years ago