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2 years ago

Which element of the store's environment is concerned with the store's exterior design, ambience, and lighting?

Business

1 answer:

dlinn [17]2 years ago

3 0

Answer:

The answer is, Store design!

Explanation:

It is during the designing process that the internal environment is set. This is one of the most vital parts of setting up a successful store as The exterior design, ambiance, and lighting are key features that differentiates a store from its competitors!

Store's internal and external designs plays an important Psychological role as well. It "lures" in the customers with its attraction.

Arousing the curiosity of potential customers is another function a store design plays.

Moreover, the store design cannot remain the same for a long period of time, it should change over time in response to the popular market trends, social movements (Like going green) and even technological changes (like new lighting systems)

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Schrute Farm Sales buys portable generators for and sells them for He pays a sales commission of 5% of sales revenue to his sal

Maksim231197 [3]

Complete question :

Schrute Farm Sales buys portable generators for $470 and sells them for $740. He pays a sales commission of 5% of sales revenue to his sales staff. Mr. Schrute pays $5,000 a month rent for his store, and also pays $2,200 a month to his staff in addition to the commissions. Mr. Schrute sold 600 generators in June. If Mr. Schrute prepares a contribution margin income statement for the month of June, what would be his contribution margin? O A $444,000 O B. $139,800 O C. $748.200 D. $304 200

Answer:

139,800

Explanation:

Total Revenue = (quantity sold * price) = (600 * $740) = $444,000

Purchase cost = (purchase price * quantity) = (470 * 600) = $282,000

Variable selling cost = 5% of total revenue = (0.05 * 444,000) = $22,200

Total variable cost = (cost of purchase + variable selling price) = $(282,000 + 22,200) = $304,200

Contribution margin = (revenue - variable cost) = (444,000 - 304,000) = $139,800

Therefore, CONTRIBUTION MARGIN = $139,800

5 0

3 years ago

Case Problem Analysis: Jurisdiction

Natali5045456 [20]

There are different kinds of cases. The answers to the questions are blow.

Before any court can hear any dispute between Miriam and the trucking company, it must have the jurisdiction to do so.

In order for Marya to sue the trucking firm, she has to file the lawsuit in a court that also has personal jurisdiction over the <u>Defendant</u>.

Georgia and Florida have personal jurisdiction over the trucking firm?

Yes, Marya sue the trucking firm in Georgia and Florida state courts.

Miriam would likely NOT want to sue the trucking firm in Georgia because she would need to;

Get a lawyer in Georgia
Make multiple trips to Georgia
Have witnesses travel to Georgia.

Miriam would likely want to sue the trucking firm in Florida because:

1. The court is closer to her home

2. She can better research for local lawyers

Miriam can sue the trucking firm in a federal trial court because residents of different states.

over $75000

<h3>What takes place in a court case?</h3>

In a trial done in a court, lawyers often present evidence via witnesses who are known to testify about what they have seen or known.

After all the evidence had been presented, the lawyers will then give their closing arguments and lastly, the jury then decides if the defendant is guilty or not guilty.

Learn more about jurisdiction from

brainly.com/question/681072

6 0

2 years ago

Read 2 more answers

Explain how a Target price for farm crops is an example of a price floor.

12345 [234]

Answer: A target price for farm crops is an example of price floor because it’s fixed ahead of harvests with the interest of farmers in mind.

Explanation: A quick definition of both concepts would be of help. A price floor is usually fixed by government legislation and it ensures that the price of a commodity or service does not fall below a certain minimum. In the case of farm crops, a floor price makes sure that the farmers are guaranteed a level of profit in case there is poor harvest for any reason whatsoever. The price floor must be fixed above the equilibrium price for this to be effective.

A target price is an expectation of the future price of commodities or services, and hence prices are fixed ahead of the harvest in the case of farm crops. This is so because as explained earlier, future conditions might change and become unfavorable, therefore making the current market price unprofitable for farmers. If for example, a sack of potatoes currently sells for $30, the government may fix the price floor ahead of the harvest season at $45 per sack. This implies that after harvesting farmers can still sell at $30. However if the harvest turns out to be bad perhaps due to natural disasters, pests or fungal attacks, etc, then the farmers can go ahead and sell at $45 and possibly higher. No farmer is allowed to sell below $45 (since that is the ‘floor’). That way, farmers would still have some profit guaranteed and would be encouraged to remain in the farming business.

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3 years ago

When you gave your friend a fifty-dollar bill for an iPod, you used money as a

Sonbull [250]

<span>When you gave your friend a fifty-dollar bill for an iPod, you used money as a <u>medium of exchange.
</u><u />This is because you exchanged your money for an iPod.
</span>

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3 years ago

Which of the following reflect the balances of prepayment accounts prior to adjustment?

egoroff_w [7]

Answer:

The answer is Balance sheet accounts are overstated and income statement accounts are understated.

Explanation:

6 0

2 years ago