Answer:
Explanation:
The journal entry is shown below:
Cash A/c Dr $2,200
To Service revenue $2,200
(Being cash is received)
Since the cash is received so we debited the cash account and credited the service revenue account as the service is completed which create an income for the business organization.
We do not write unearned service revenue as the amount is actually received from the customer
Answer:
The answer is D) A market orientation refers to the orientation of an organization that focuses its efforts on continuously collecting information about customers' needs, sharing this information across departments, and using it to create customer value.
Explanation:
The philosophy of market orientation is concerned with crating value that meets the needs of customers.
A company that applies market orientation in their approach and processes seeks ways to identify the needs of customers, they study these wants, find our how well their competitors are meeting them and then create innovative value with a competitive edge that will sell easily.
The design and packaging of these customer orientated goods and services is meant to be cost effective for the sake of maximizing profit.
Answer:
workplace diversity
Explanation:
In today’s world, gender discrimination is considered unethical and wrong, that has helped females to work equally hard to show their worth. Over the years, females have gradually entered the workplace, such as firms and organizations. Likewise, they have also encouraged them by implementing workplace diversity. It is a phenomenon that allows different genders, race, ethnicity and cultural backgrounds to work together.
<u>ISO standards</u> ensure that goods produced in one country will meet the requirements of buyers in another country.
The International Organization for Standardization (ISO), is a non-governmental organization which comprises standards bodies from more than 160 countries, with one standards body representing each member country.
ISO standards provide a strong basis for the development of national and international regulation, helps in saving time and reduce barriers to international trade. International Standards mean that consumers can have confidence that the products are reliable and of good quality.
Hence, through the ISO standards the requirements of buyers are met in another country.
To learn more about ISO standards here:
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