1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
fredd [130]
3 years ago
11

TP5. LO 7.2How might service industries predict revenue?

Business
1 answer:
dalvyx [7]3 years ago
5 0

Answer:

Budgeting, forecasting and planning

Explanation:

Service industries uses budgeting, which includes expected sales  and operational cost, to forecast, plan and predict revenue. With regards to forecasting; historical or past company data are used to make sound prediction.

You might be interested in
The following transactions occur for the Hamilton Manufacturers.
Radda [10]

Answer:

The answer is stated below:

Explanation:

The accounting equation is as follows:

Assets = Liabilities + Stockholders' Equity

Analyzing the transactions:

1. The service is provided to customer on account, which result in increase in assets and the stockholders' equity

So,

Assets        =   Liabilities        +  Stockholders' equity

+ $4,000    = $0                     +  +$4,000

2. The equipment is purchased by signing a note, which result in increase in liability and also increase in the assets.

So,

Assets        =   Liabilities        +  Stockholders' equity

+ $10,500  =   +$10,500         + $0

3. Paid for the advertising, which result in decrease in cash as well as decrease in the equity of the company.

So,

Assets        =   Liabilities        +  Stockholders' equity

- $1,200    = $0                        +  -$1,200

7 0
3 years ago
What does the image say?<br><br>​Can someone unblur it?
vaieri [72.5K]

I have no idea sir maybe someone could assist you

5 0
1 year ago
Recommend further strategies companies woolworths in south africa may use to protect the environment
djverab [1.8K]

They are committed to sending less waste to landfills, recycling as much as possible, and using recyclable materials wherever possible.

Some Recycling Methods to Reduce Waste From recycled plastic shopping carts to signage, everything in the store is made from recycled materials.

We care about the environment and strive towards a zero net impact and transition to a low-carbon future. We care about how our products are made and are committed to a completely transparent, traceable, and ethical supply chain.

Conclusion Woolworths has a potential customer retention marketing strategy. Geographic segmentation is the company's greatest strength. However, the price competition facing the organization in the Australian market is very dominant.

Learn more about The environment here:-brainly.com/question/24182291

#SPJ4

3 0
1 year ago
Market Research Reading Quiz QUESTION 5 of 10: Market research concerns what aspects of your target market: a Characteristics b)
Sedaia [141]

Answer:

Do you still neeed help

Explanation:

6 0
3 years ago
According to PMI, a project is __________. a. a performance or time target for each major group of activities in a project b. a
BARSIC [14]

Answer:

B. a temporary endeavor undertaken to create a unique product, service, or result reducing the time it takes to perform certain activities

Explanation:

According to PMI, a project is a temporary endeavor undertaken to create a unique product, service, or result." Unlike other business activities, a project has a clear starting point and ending point, after which the people and resources dedicated to the project are reassigned.  PMI is a project management association, which develops a standard for project, program, people, organization, etc. Also, they provide world- recognized certification.

5 0
3 years ago
Other questions:
  • In January of 20X1, the Falwell Company began construction of its own manufacturing facility. During 20X1, $6,000,000 in costs w
    13·1 answer
  • How do firms in asia (in this case, in thailand overcome market failure?
    14·1 answer
  • Fees in 1st year Suppose Adrian and Clemens each Invest $10,000. Adrian Invests in an actively managed mutual fund that has an a
    15·1 answer
  • The distinction between a normal and an inferior good is
    9·1 answer
  • Foote Company was granted a purchase discount of $200 on merchandise the company had purchased a few days ago. Foote uses the pe
    15·1 answer
  • Department J had no work in process at the beginning of the period. 18,000 units were completed during the period, and 2,000 uni
    12·1 answer
  • What is the importance of the Define Phase in terms of its placement in the DMAIC method?
    5·1 answer
  • ___ is the total sum of benefits a purchasing firm obtains for the price it pays for the marketing offering.
    10·1 answer
  • The use of __________ has increased productivity along the assembly line and within service-based businesses while simultaneousl
    12·1 answer
  • As a result of technological innovation, automated water pumps are being installed on the farms of Kenyan tomato farmers. As a r
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!