Answer:
Providing excellent customer service means going the extra mile in making sure a customer is happy and satisfied with a company's products or services. It also involves providing service to a customer in a timely, pleasant manner.
Answer:
The correct answer is letter "E": Normative.
Explanation:
Normative Economics incorporates <em>subjectivity </em>and <em>value judgments</em> focusing on what "<em>should be</em>". It is usually implemented at the governmental level. Normative Economics leaves the door open for future changes, eliminates absolute statements and provides an avenue for analysis of different economic scenarios.
Answer:
The answer is letter C, Broker.
Explanation:
In order to know whether Karen's company is a broker. It would be best to define what "Broker" is.
In business, <em>"broker" is defined as a person or a company who acts as a mediator between a buyer and a seller. As an agent, the broker gets commission in every business transaction. He can also represents himself as the buyer or the seller. At this point, he also gets a certain commission. </em>In the situation above, Karen arranges the transaction between the growers and processors of cranberries. At this point, she is acting as a seller and a buyer. She does this on behalf of the other firms. Thus, the answer is letter C, Broker.
<u>Additional Information</u>
Sales Agent- a self-employed salesperson who usually works alone. He obtains orders for companies and receives commission on those orders.
Commission Merchant- a person who buys and sells products. He receives commission for the sales price.
Sales Branch- an independent business which purchases merchandise in bulk from manufacturers. He then processes it and redistributes it to retailers.
Sales Office- this is a location that is used for the purpose of selling. It is often leased.
Answer:
Option C is correct.
<u> When the game will be repeated infinitely.</u>
Explanation:
The collaborations will undoubtedly work in a repeated prisoners' dilemma game when the game will be rehashed infinitely.
A rehashed detainees problem games alludes to a game technique wherein the game is either rehashed finitely or infinitely..
The collaborations choose to work with boundlessly rehashed games by participating and embracing a socially ideal methodology.
The principle point of cooperations is to expand their settlements in future and this is conceivable just through the selection of the interminably rehashed game system in which they need to co-work endlessly with different firms.
As per this gaming procedure, if any of the Cooperation or firm digresses from the agreeable system, they will get decreased settlements in future.
Answer:
Option (b) is correct.
Explanation:
Given that
Amount of merchandise purchased = $5,800
Credit terms = 2/10 and n/10
Using a perpetual system and gross method,
Therefore, the Journal entry is as follows:
On May 1,
Merchandise inventory A/c Dr. $5,800
To accounts payable $5,800
(To record the purchase of merchandise on account at May 1)
