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3 years ago

Discuss one transaction cost-reduction opportunity that you believe the company has missed.

Business

1 answer:

shutvik [7]3 years ago

4 0

This is the full question

Choose one of the Web sites listed in the previous question and identify three ways the company has reduced its transaction costs by using a Web site to provide information. List these three transaction cost-reduction elements and write a paragraph in which you discuss one transaction cost-reduction opportunity that you believe that company has missed.

Answer:

I visited the Netflix website. I do not own a netflix account. Netflix has the following cost-reduction opporunities on its webpage:

Clear information about the costs of the streaming service.
Clear Frequently Asked Question section explaining about the nature of the service, and the terms of the contract in case you decide to purchase the service.
Very nice visual interface without clutter.

One transaction cost-reduction opportunity that Netflix is missing though is:

Lack of a preview to see what shows and films are available.

You might be interested in

Thane Company is interested in establishing the relationship between electricity costs and machine hours. Data have been collect

dangina [55]

Answer:

The correct option : B. Cost = $ 130.00 + $ 5.90 x Machine - hours

Explanation:

Let's use the following method to solve the given problem

Now applying the high-low method of cost estimation,

High => November, 5,300 machine hours

Low => March, 2,300 machine hours

Arranging it in a simultaneous equations for total cost:

We can let fixed cost per month to be F, and the variable cost per machine -hour be V, and the number of machine-hours be Q.

Therefore

Total cost = F + VQ

High => F + 5,300Q = $ 31,400

Low => F + 2,300Q = $ 13,700

Subtracting Low from High, we have 3,000Q = $ 17,700 or Q = $ 5.90 per machine hour ................equation one

F = $ 13,700 - ( 2,300 x $ 5.90) = $ 130......................................................................equation two

6 0

3 years ago

Wireless Solutions reports operating expenses of $855,000. Operating expenses include both rent expense and salaries expense. Pr

Elena L [17]

Answer:

$858,500

Explanation:

Cash paid for operating expenses = Operating expenses + Prepaid rent increase - Salaries payable increase

= $855,000 +$17,000 - $13,500

= $858,500

5 0

3 years ago

The study of large-scale economic phenomena is calle

Grace [21]

The answer is macroeconomics

7 0

3 years ago

How many dams, not including the two dams placemarked in the dams folder, impound the colorado river between glen canyon and lak

dolphi86 [110]

Two dams, not including the two dams placemarked in the dams folder, impound the colorado river between glen canyon and lake havasu.

Humans build dams to control water—to make sure the right quantity is on the right region on the right time. River water rises in the back of dams, forming artificial lakes referred to as reservoirs. The saved water may be used to generate electricity or to deliver water for houses and industries, for irrigation or for navigation.

The cause of a dam is to impound (keep) water, wastewater or liquid borne materials for any of numerous motives, which includes flood control, human water deliver, irrigation, livestock water supply, energy technology, containment of mine tailings, pastime, or pollutants manage.

A dam is a structure constructed throughout a river or circulate to keep lower back water. humans have used one of a kind substances to build dams over the centuries.

Learn more about dams here

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6 0

2 years ago

2700 thousand bonds with a face value of $1000 each, are sold at 106. The entry to record the issuance is

IceJOKER [234]

Date, bonds sold at a premium

Dr Cash $28620000000

Cr Bonds payable $2,700,000,000

Cr Premium on bonds payable $1,62,000,000

Explanation:

The total face value of the bonds is $1,000 x 2700,000 bonds = $2,700,000,000

since the bonds were sold at 106, their price was =

$2,700,000,000 x 106% = $28620000000

the difference between the face value and the actual market price = $2,862,000,000 - $2,700,000,000 = $1,62,000,000 must be recorded as premium on bonds payable (increases the bonds' carrying value)

<h3>What is the difference between market value and face value?</h3>

The market value is the actual price at which the security trades on the open market, as well as the price that fluctuates when the yield reacts to changes in interest rates.

The face value is determined by the issuing company. It may be the value at which the firm redeems the shares at some point in the future, but there is no guarantee.

Learn more about date and the interest expense:

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7 0

2 years ago