Answer:
Omnichannel distribution
Explanation:
Omnichannel distribution from the Latin word "Omni" could mean every distribution.
Omnichannel distribution is a type of distribution that allows customers to make an order online through their phones and laptops and make purchases in a brick-and-motar store. It provides customers with various options of making purchases.
Omnichannel distribution enhances good customer relations and it provides customers with different Shopping experiences. It makes it easier for customers to make an order as well as make a complaint.
It is a method of distribution, promotion and marketing of goods to customers using various medium such as phone calls, emails, websites, mobile applications, brick-and-motar store.
Answer: b. Open Item
Explanation:
The statement that Heather wants to help a client send out is to include unpaid invoices, unapplied payments, and Credit Memos which are essentially signs that the creditor has not been paid.
An open item statement would therefore work best because it is to include open accounts that are yet to be paid so will include all those entries described above.
Answer:
a. The actual unemployment rate was higher during the recession of 1990-1991, but cyclical unemployment was higher in 2001.
Explanation:
Unemployment is defined as the number of people in a population that are willing to work and seeking for jobs but do not have employment.
Natural unemployment is defined as the normal process of leaving jobs and getting jobs in a situation when there is full employment.
Cyclical unemployment is created by recessions and booms.
Actual unemployment = Natural rate + Cyclical rate
Cyclical unemployment= Actual rate - Natural rate
In the first economy
Cyclical rate = 7 - 5.9= 1.1%
In the second economy
Cyclical rate= 6 - 4.8= 1.2%
So actual unemployment was 7% in 1990-1991 while in 2001 it was 6%
Cyclical unemployment was 1.1% in 1990-1991, while cyclical unemployment was 1.2%
The type of presentation that Professor Buchanan give is
sales presentation. Sales presentation is a strategy that involves with selling
a product or the product or sales that is provided to the consumers are being
closed or is being initiated by the seller.
Answer:
Current ratio = 0.33 times
Acid test ratio = 0.29 times
Explanation:
• Current ratio
Current ratio = Total current assets ÷ Total current liabilities
= $875 ÷ $2,638
= 0.33 times
• Acid test ratio
Acid test ratio = Quick assets ÷ total current liabilities
Where,
Quick assets = Total current assets - Inventory
= $875 - $116
= $759
Recall total current liabilities = $2,638
Therefore,
Acid test ratio = $759 ÷ $2,638
Acid test ratio = 0.29 times