Answer:
A need is something you can live without. a want is something you would like to have. is what you give up when making a financial decision.
Explanation:
Answer:
A consumer is one who is the decision maker whether or not to buy an item at the store, or someone who is influenced by advertisement and marketing.
Answer:
Retained earnings A/c Dr $500,000 (100,000 shares × $5)
To Dividend payable A/c $500,000
(Being the dividend is declared)
Explanation:
The journal entry is shown below:
Retained earnings A/c Dr $500,000 (100,000 shares × $5)
To Dividend payable A/c $500,000
(Being the dividend is declared)
For recording this we debited the retained earning as it reduced the stockholder equity and at the same time it increased the liabilities so dividend payable is credited
Answer:
The correct answer is c. channel integration.
Explanation:
Producers and intermediaries act together to obtain mutual benefits. Sometimes the channels are organized through agreements; There are others that are organized and controlled on the initiative of a single director that can be an agent, a manufacturer, a wholesaler or a retailer. This director can establish policies for it and coordinate the creation of the marketing mix.
The links of a channel can be combined horizontally and vertically under the administration of a channel leader. The combination can stabilize supplies, reduce costs and increase coordination of channel members.
Vertical integration of the channels: Two or more stages of the channel are combined under one direction. This results in the purchase of the operations of a channel link or the performance of the operations of this link to carry out the functions.
This integration includes the control of all functions from manufacturing to the final consumer.
Horizontal integration of the channels: It consists of combining institutions at the same level of operations under a single administration. An example will be department stores. This integration provides significant savings in advertising specialists, market research, purchases, etc. And it can be carried out by an organization by merging with other organizations or by increasing the number of units
Answer:
124 rooms per month
Explanation:
Total operating cost per month = 5500 +1000+1200+1868+(31*50)+(61*50)
= $14,168
Rental income per night = 115
Therefore, Breakeven point in number of rented rooms = 14168/115=123.2
Approximately, atleast 124 rooms should be rented in a month to break even