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3 years ago

Which activity is done in Step 2 of comparison shopping?

Business

1 answer:

solong [7]3 years ago

6 0

In step 2 of comparison shopping one must:

Compare prices and features.

Explanation:

Comparison shopping is when an item is shopped for by comparing competitive prices and products for the same.

This is essential in the modern would where there is small difference in specifications of competing product that must be viewed to get the best option.

The first step of the process is to research and access what product and what specifications are needed by the buyer.

The second step is then the comparison of the prices and features.

The third step is the analysis and then the decision of buying.

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Exxon Mobil enters into a pact with Gazprom, the world's largest natural gas extractor, to set up a processing unit in Baku, Aze

pishuonlain [190]

Answer:

4. to gain access to low-cost inputs of production

Explanation:

The reason for Exxon Mobil to opt for this strategic alliance, Whereas the remaining ones are not relevant in this context may be because it can help to gain access to low-cost inputs of production.

8 0

3 years ago

because your clients job he must live in a city apartment he is increasingly tired of the city life however he daydreams about l

jok3333 [9.3K]

If the choices are the following,

a. The sophisticated city look that reflects his business life.
b. Barefoot and serene tropical decor to reflect the lifestyle he wishes he had.
c. Plain, non-stylized environment, neither city nor tropical, so that he won't be reminded of his conflicts.
d. Redefined traditional look with one or two large tropical accessories.

then, choice (b) is correct. Since he wishes to live on a tropical island, it would be best if the decorating plans fit his wishes. By that, he relieves himself from the stress of city life.

3 0

3 years ago

Garret Company has provided the following selected information for the year ended December 31, 2019: Cash collected from custome

VMariaS [17]

Answer:

The amount Garret's cash flow from operating activities is $127,000.

Explanation:

The amount of Garret's cash flow from operating activities can be calculated as follows:

Garret Company

Computation of Cash Flow from Operating Activities

For the year ended December 31, 2019

Details $

Cash collected from customers 784,000

Cash paid to suppliers (368,000)

Cash paid to employees (208,000)

Cash paid for store rent (34,000)

Cash received for interest and dividends 7,000

Cash paid for income taxes (54,000)

Cash flow from operating activities  127,000 

Therefore, the amount Garret's cash flow from operating activities is $127,000.

3 0

3 years ago

Corporation produces a single product. The standard cost card for the product follows:

Likurg_2 [28]

Answer:

Results are below.

Explanation:

To calculate the direct material price and quantity variance, we need to use the following formulas:

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (5 - 2.1)*56,100

Direct material price variance= $169,690 favorabe

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (8,840*4 - 36,450)*5

Direct material quantity variance= $5,450 unfavorable

To calculate the direct labor efficiency and rate variance, we need to use the following formulas:

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (1.5*8,840 - 18,000)*10

Direct labor time (efficiency) variance= $47,400 unfavorable

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor rate variance= (10 - 8.2)*18,000

Direct labor rate variance= $32,400 favorable

8 0

3 years ago

Although a business has had record sales it is having a hard time paying the bills each month. As a manager you are uncertain wh

Svetradugi [14.3K]

Answer:

Income statements and or Cash flow statements.

Explanation:

Income statement and Cash flow statements are required.

Income Statement will give us insight about our costs as we maybe recording sales but if the costs and expenses are too high we are unlikely to be making enough gross profits to be able to pay bills.

Cash flow statements are required as sales may be credit and thus reducing working capital for the company, although they may be making profits but if the debts are uncollected they are unlikely to have cash available to be able to make payments.

Hope that helps.

3 0

4 years ago