Answer:
The answer is idea generation.
Explanation:
Idea generation refers to the process of creating and developing ideas. During this process, General Mills would come up with ideas and test whether this product would interest people to buy it. At this step as well General Mills can explore why previous products did not succeed and strive to counter these obstacles in the future product.
What’s the Acronym? (A acronym is like LOL, or OMG)
Answer:
The balance of accounts receivable on January 1, 2018 is $31,180.
Explanation:
The following are given in the question:
Percentage of allowance for uncollectible accounts = 3%
Credit sales = $125,000
Collections = $131,000
Amount written off = $180
Therefore, we have:
Account receivable on 31 December 2018 * 3% = $750
Account receivable on 31 December 2018 = $750 / 3% = $25,000
Accounts receivable on 01 January 2018 = Account receivable on 31 December 2018 - Credit sales + Collections + Amount written off = $25,000 - $125,000 + $131,000 + $180 = $31,180
Therefore, the balance of accounts receivable on January 1, 2018 is $31,180.
Answer:
<u>low opportunity cost</u>
Explanation:
<u>Opportunity cost</u> is described as a process in which an individual sacrifices something when they tend to choose one thing or option over another option or thing.
<u>Low opportunity cost: </u>The term "low opportunity cost" is determined as the possibility of an individual's chosen investment returns to be lower than the forgone investment's returns.
Answer:
d. A 24/7 technical support hotline with a team that is knowledgeable about the product and business goals of the company's customers.
Explanation:
The other software companies are already selling their product as a one off sale at retail stores. The president of the software company wants to sell his product as SaaS (software as a service) where customers will pay monthly subscription.
Customers are going to be paying more to use his product so he needs to get a competitive edge and give value that his competitors are not delivering to the customer.
Setting up a 24/7 customer support line with a team that can help the customer meet their business goals will give his product an edge.
