Answer:
d. the complexity of the product.
Explanation:
Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. The pre-service strategies includes identifying the following target market, design, branding, market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.
Personal selling also known as face-to-face selling can be defined as a sales technique or strategy in which the salesperson meets with the potential buyer (customer) for the sole purpose of convincing him or her to buy a product.
For Michael, personal selling works better than other forms of promotion because of the complexity of the product i.e high technicalities associated with the product. The product Michael are highly technical and as such would require guidance or explanation on how to safely use them.
The statement above is FALSE.
The correct sentence is this: Any person who knowingly submit false claims to the government is liable for THREE TIMES the government damages caused by the violator plus a penalty. This means that the violator will three fold of the damages he causes not five folds.
Total Amount
Explanation:
Total Amount - $65.10
1 appetizer: $7.39=7.39
2 entrees: $16.99 each= 2 * 16.99=33.98
1 dessert: $5.29= 5.29
2 drinks: $2.30 each=4.6
cost = 7.39 + 33.98 + 5.29 + 4.6 =$51.26
7% tax = 51.26 * 0.07 = 3.5882
20% gratuity = 51.26 * 0.2= 10.252
Total cost = 51.26 + 3.5882 + 10.252 =65.1002
the total amount = $65.1
Explanation:
Net sales are favorable because the sales increase each year from the base year.
Cost of goods sold is unfavorable because the cost grows faster than sales.
Gross profit is unfavorable because it should at least grow as fast as sales.
Answer:
Debit Equipment 80000
Explanation:
Using the data provided in the question, the journal entry for the transactions will be as follows
PARTICULARS DEBIT CREDIT
==============================================================
Equipment a/c $80,000
Common stock a/c $80,000
(To record equipment exchange
with common stock)
==============================================================
Hence,
Debit Equipment 80000
