When an individual wants to buy goods and services for personal or household use, they can go to a <u>Consumer Market. </u>
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<h3>What is a consumer market?</h3>
This is a market where final goods and services are sold to consumers for their personal or household use.
Such a market includes all those who sell directly to consumers such as retailers, and food markets.
Find out more on consumer markets at brainly.com/question/1310911.
Answer:
$45,000
Explanation:
The computation of correct inventory is shown below:-
Unadjusted Inventory value $38,500
Add: TVs received on Dec.30,2017 $15,000
Less: TVs received recorded twice $4,600
Less : TVs shipped to Customer
FOB shipping point $10,000
Add: TVs on hand not recorded $6,100
Correct Inventory at December 31,2017 $45,000
Therefore we are not considering Point no.1 as TVs were shipped in Jan.2,2018 and sale also recorded in 2018.
Answer:
There are a few advantages and disadvantages of these three forecasting sales: moving average, weighted moving average, and regression analysis.
Explanation:
The moving average method is the method in which calculation of a overall trend in a data set is done. It is a simple method. But its disadvantage is that this method doesn't take the data outside the average period into accounting.
The weighted moving average method uses exponential method to verify if the past data's effect is correct, Thus, this makes it more accurate in measurements. But, the disadvantage is that it is difficult to use.
The regression analysis method is majorly used for prediction and forecasting. But the disadvantage is its limitation to the linear relationship so it is not able to provide accurate result in case there are more than one variables.
Linear Multiple Regression Analysis method shows relationship between independent and dependent variables. This is best for sales forecast because it is easy to use for decision making and helps solving business problems
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Answer: Liaison role of management
Explanation: In simple words, liaison role of management refers to that role in which the managers works as a bridge between two entities so they can effectively communicate with each other. This communication could be done for both internal or external purposes.
In the given case, Michelle is first trying to resolve the conflict between city members and managers and after that he will be going to address a complaint filed by an employee against a team leader.
Hence he is performing the role of liaison officer.