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stealth61 [152]
3 years ago
9

Michael worked for a textile manufacturer during the first half of the 20th century. When the supply of his company's textiles e

xceeded customer demand, he realized that he would have to invest more money in advertising his products and go directly to his customers to convince them to purchase his products. Based on this scenario, Michael has most likely adopted the ________ orientation.
Business
1 answer:
Alexandra [31]3 years ago
5 0

Answer:

sales

Explanation:

Based on the scenario being described within the question it can be said that Michael has most likely adopted the sales orientation. This term refers to a business approach that focuses on mainly persuading individual customers to purchase the company's product as opposed to understanding the customer's needs or marketing to a larger audience.

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when an auditor of financial statements has substantial doubt about an entity's ability to continue as a going concern, the audi
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If information about an entity's ability to continue as a going concern is not disclosed in the financial statements, an auditor of financial statements is likely to express an adverse opinion.

<h3>Define a qualified or adverse opinion.</h3>

A remark made in an auditor's report that is attached to a company's audited financial statements is known as a qualified opinion. According to an auditor's judgment, a company's financial information may have been incomplete or there may have been a significant problem with how generally accepted accounting standards (GAAP) were applied, but the problem was not widespread.

With one or more exceptions, the financials often reflect the company's success and position. The financial statements are inaccurate or do not adhere to widely accepted accounting rules, in our opinion (GAAP).

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7 0
1 year ago
When you purchase an item from Globus Corp., they place the item in a paper bag with handles and vertical yellow, blue, and whit
denis23 [38]

The bag's coloring and design are considered its trade dress.

<h3>What is a trade dress?</h3>
  • The commercial look and feel of a product or service that identifies and distinguishes the source of the product or service are referred to as trade dress.
  • It encompasses the different aspects (such as material design and shape) used to package a product or service.
<h3>What is a certification mark?</h3>
  • A certification mark is a sort of trademark that is used to show consumers that specific goods and/or services, or the providers of those goods and/or services, have satisfied certain requirements.
<h3>What is a service mark?</h3>
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<h3>What is a collective mark?</h3>
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Therefore, the bag's coloring and design are considered its trade dress.

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5 0
1 year ago
Use the direct method to determine the net cash provided by operating activities.
shutvik [7]

In order to calculate cash flows we must before adding the net cash from investment and financing activities to determine the company's net cash rise or reduction for that time period, the cash outflows and inflows are deducted to determine the net cash flow from operational operations.

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<h3><u>How do you figure out the cash that operating activities provide?</u></h3>

Flow of Cash from Operations

Net Income plus Non-Cash Items plus Changes in Working Capital equals Cash Flow from Operations.

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