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Gemiola [76]
3 years ago
7

"When a business establishes a web-site and begins to allow customers to" place orders online without ever coming into their sto

re, they are responding to changes in the:_______
a. social environment
b. economic environment
c. global environment
d. technological environment
Business
1 answer:
Korolek [52]3 years ago
6 0

Answer: technological environment

Explanation:

Technological environment simply has to do with how science and technology and technological progress has impacted on businesses.

The technological environment is the environment whereby the technological changes affect the marketing efforts of firms. Therefore, a business that establishes a web-site and begins to allow customers to place its orders online without ever coming into their store, is responding to changes in the technological environment.

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Presented below are selected account balances for Tamarisk Co. as of December 31, 2020.
Svetradugi [14.3K]

Answer and Explanation:

The closing entries for the following accounts are presented below:

1. Sales Revenue A/c Dr $408,750

        To Income Summary $408,750

(Being revenue account closed)

2. Income summary A/c Dr $323,830

      To Cost of Goods Sold          $229,017

      To Sales Returns and Allowances $11,908

      To  Sales Discounts                        $15,070

      To Selling Expenses                       $16,133

      To Administrative Expenses          $37,525

      To Income Tax Expense                 $30,300

(Being expenses accounts are closed)

3. Income summary A/c Dr $84,930 ( $408,750 - $323,830)

       To Retained earning $84,930

(Being the difference is credited to retained earning)

4. Retained earnings A/c Dr $17,873

         To Dividend A/c $17,873

(Being dividend account is closed)

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3 years ago
Suppose the price of apples goes up from $20 to $22 a box. In direct response, Goldsboro Farms supplies 1,200 boxes of apples in
OLga [1]

Answer:

A

Explanation:

Price elasticity measures the responsiveness of the quantity demanded or supplied of a good to a change in its price. It is computed as the percentage change in quantity demanded—or supplied—divided by the percentage change in price.

Elasticity can be described as elastic—or very responsive—unit elastic, or inelastic—not very responsive.

Elastic demand or supply curves indicate that the quantity demanded or supplied responds to price changes in a greater than proportional manner.

An inelastic demand or supply curve is one where a given percentage change in price will cause a smaller percentage change in quantity demanded or supplied.

Unitary elasticity means that a given percentage change in price leads to an equal percentage change in quantity demanded or supplied.

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Claudia, a senior accountant, likes to work on her own and hence does not come out as a team player. She takes up all the work t
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Overmanaging is the most evident mistake Claudia made as a senior accountant.
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An economist left her $100,000-a-year teaching position to work full-time in her own consulting business. In the first year, she
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D. Accounting loss but not an economic loss
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Advances in technology have reduced the cost of manufacturing MP3 players if demand does not change
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Because MP3 players cost less to make, if demand does not change, there will be more profit. This is because there would be the same amount demand and less money being made into making the product, meaning less expense, which means a bigger profit.
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