Compared to a physical good, it is more challenging to trade. A good is a tangible thing that can be purchased, handled, and used. A service is an action performed for clients who pay for it.
A tangible asset exists physically. Comparatively speaking to an intangible asset, it is comparatively simple to trade. A product can be an intangible offering involving a deed, performance, or effort or it can be a tangible physical good or service. Marketing managers need to be aware of potential distinctions between products and services in order to succeed. For the entire firm, marketing managers are in charge of creating, planning, and carrying out strategic marketing programs that will draw in new clients and keep old ones coming back. A company's overall plan for reaching out to potential customers and converting them into buyers of their goods or services is referred to as a marketing strategy.
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Answer:
D
Explanation:
Both jurisdiction over the Wizard internet and jurisdiction over the subject matter of the lawsuit.
Answer:
16.71%
Explanation:
The computation of the bank reserve ratio is shown below:
= Cash reserves ÷ total deposits × 100
where,
Cash reserve is $10,000
And, the total deposits would be
= Checking deposits + saving deposits
= $20,000 + $40,000
= $60,000
Now put these values to the above formula
So, the ratio would equal to
= $10,000 ÷ $60,000 × 100
Answer:
Option (B) is correct.
Explanation:
Amount of which adjusting entry required:
= Amount of uncollectible accounts - Balance in Allowance for uncollectible accounts
= (Balance in accounts receivable × Estimated percentage of accounts receivable to be uncollectible) - Balance in Allowance for uncollectible accounts
= ($200,000 × 4%) - $2,000
= $8,000 - $2,000
= $6,000
Therefore, the adjusting entry is as follows:
Bad debt expense A/c Dr. $6,000
To Allowance for uncollectible accounts $6,000
(To record the bad debt expense)
Answer:
The correct answer is: 1. Functional.
Explanation:
A functional strategy is one that requires the HOW? Do, operate, function, that is, after delimiting the corporate strategy that specifies what to do ?, the functional strategy, indicates how to apply and use resources to achieve what you want to achieve.
A functional area of the company adopts this type of strategy to achieve the objectives embodied in the strategy of the corporation, maximizing the resources available and their productivity. In addition, it seeks the care and development of functional and operational capacity in order to achieve a competitive advantage to the company.
These strategies generate a frame of reference used by the administration of operations and functions to support the organizational and business strategy.
