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inessss [21]
3 years ago
10

U.S. residents accounted for over 75 percent of cruise ship passengers, and U.S. ports had 8 million passengers leaving on cruis

es in 2004. The growth in cruise travel was phenomenal after the terrorist attacks on September 11, 2001. According to a situational analysis, this event created an _____ for the industry.a. internal strength
b. internal weakness
c. internal threat
d. external weakness
e. external opportunity
Business
1 answer:
Elenna [48]3 years ago
7 0

Answer:

e. External opportunity

Explanation:

An  external opportunity is an extension of the market due to some external development outside the industry. In this case, the cruise industry has benefited in a major way due to external developments.

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If you're a manufacturer, and you want to showcase your product in a store that has a narrow but deep selection of merchandise a
lara31 [8.8K]

Answer:

specialty store

Explanation:

Based on the scenario being described within the question it can be said that for this you would most likely choose a specialty store. This refers to a retail business that focuses on very unique and specific product categories, in which everything revolves around that category. This category may be unique but offer a wide variety of product offering within it.

8 0
3 years ago
David has a few options regarding Sedona Stout pricing:
Elina [12.6K]

Answer:

I would suggest he decrease the sales price.

Explanation:

Because it will might make people rush the product due to its low price compared to other products of another brand.

The low price will create a high demand for the product therefore causing the quantity of the products being produced to increase.

The quality of the product will be very good since the quality is not being reduced only the price therefore it might result in not having the maximum profit needed.

6 0
3 years ago
Read 2 more answers
________ is defined as a business strategy where business buyers prefer to buy a complete solution to a problem from a single se
Lyrx [107]

Answer: Systems selling

Explanation:

 The system selling is one of the type of business strategy that helps in understanding the selling process by sell he various types of products an the services in the market in the interrelated manner rather than independently.

According to the given question, the system selling is the concept in which the business deliver the goods by using the interlocking and also consolidating the products from the supplier.

 Therefore, System selling is the correct answer.

6 0
3 years ago
All sales are made on credit. Based on past experience, the company estimates 1% of credit sales to be uncollectible. What adjus
fenix001 [56]

Answer:

Debit : Bad Debts account : $2000 (appearing in the income statement)

Credit : Provision for doubtful debts account : $2000 (appearing in the balance sheet)

Explanation:

This is an example of provision for doubtful debts. Provision for doubtful debts is an estimated amount of bad debts from accounts receivables that has been issues but not yet collected. This is done under the accrual accounting concept where an expense is identified as soon as invoices have been issued rather than waiting long periods to find out which invoice is irrecoverable. It is typically an estimate based on past experience.

In this question, the sales value has not been provided, hence an assumption is made:

Sales : $200,000

If provision for doubtful debts is 1% of sales and all sales is on credit, then the provision for doubtful debts amount is = 1% x $200,000 = $2000

Provision for doubtful debts is an accounts receivable contra account and thus has a credit balance and is recorded in the balance sheet, listed directly under accounts receivables.

The entry is recorded as:

Debit : Bad Debts account : $2000 (appearing in the income statement)

Credit : Provision for doubtful debts account : $2000 (appearing in the balance sheet)

5 0
3 years ago
In terms of the tax formula applicable to individual taxpayers, which of the following statements, if any, is correct?
creativ13 [48]

Answer:

The correct answer is a. In arriving at taxable income, a taxpayer must choose between the standard deduction and itemized deductions.  

Explanation:

In tax law, the tax base is the magnitude that results from the measurement of the taxable event. It is defined as the dimension or magnitude of an element of the objective budget of the taxable event that is judged as determining the relative contributory capacity.

In tax legal relations, the taxable event shows the existence of an economic capacity in the subjects, but for the tax to be applied, this fact must be assessed in some way, usually in monetary units.

The tax base is ultimately the magnitude that is used in each tax to measure the economic capacity of the subject, such that it is reflected in ceilings.

7 0
3 years ago
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