Answer:
The correct answer is c. invite suppliers to bid on supplying what is requested.
Explanation:
B2B sales require special attention due to the profile of your buyer.
In this type of sale, buyers have a position much more linked to decision making, so they spend more time on a detailed and critical analysis of the proposal.
The B2B buyer chooses companies that allow the creation of strong business relationships, with a guarantee of supply and deadlines.
This is because B2B negotiations demand an effort, time and investment that, in case of any inconvenience, it can be difficult to recover and find a new supplier.
Answer:
A is the correct answer
Explanation:
Most small businesses use a simple organizational structure. In this, decision making is centralized with the owner. It doesn't have any formal departments and layers. There are both advantages and disadvantages of running the company with this structure. It enables the owner to keep tight control over the company's operation. No decisions can be made without the owner's approval and the owners of aware of every decision made. These companies make decisions quickly as there are no layers of management where the request needs to climb before approval.
Answer:
$54,000
Explanation:
Eliza's share of net income = $40,000 ÷ 2
= $20,000
Eliza made withdrawals = $21,000
Eliza capital = $55,000
Eliza’s capital account balance at the end of the year:
= Eliza capital - Eliza withdrawals + Net income share of Eliza
= $55,000 - $21,000 + $20,000
= $54,000
Therefore, the Eliza’s capital account balance at the end of the year is $54,000.
Answer:
d) competitors are similar to monopolists.
Explanation:
Monopolistic competition refers to a condition of the market in which it connects with various irms that are closely linked to each other but sell distinct products.
Also, there is free entry and exit in this market
In case when consumer taste and preferences are different so the monopolistic competitors are the same as the monopolist
hence, the correct option is d.
A free market is where the prices of good ands service are detirmined by the open market and consumers, in which the laws and forces of supply and demand are controlled by government or any other authority.
