Answer:
The correct answer is c) "Test market the product among potential users"
Explanation:
The test market is a process when the products are testing among potential users.
The process provides a firm with statistics that show how the customers will respond to a specific product.
Answer:
New buy
Explanation:
Based on the information given NEW BUY occur in a situation where a person or an individual order a brand new products that has already been selling for a long period of time in which the new product that is been ordered must be different from the one that was already in existence before now and the new products will have to be produce with a new material which will as well include brand new different design as well a different size just as in the case of Lands' End .
Therefore This would more than likely be an example of a: NEW BUY
<span>These are group of individual who may not work in the organization but are very much influenced by the activities of organization. There are the people outside of the company who can have a major impact on it. Examples of stakeholders are government agencies, administrator, customers, suppliers and competitors too.</span>
Answer:
affect both income statement and balance sheet accounts
Explanation:
Adjusting entry is commonly said to affects one income statement account which is the revenue or expense account. It also affect one balance sheet account which can be an asset or liability account. It usually result in a better revenues and expenses matching for the period.
They are refered to as the entry usually made at the end of at the end of the period to a given or assigned revenues to the period in which they were earned and expense to the period of being incurred.
Adjustments had five major categories which are accrued revenues, accrued expenses, unearned revenues, prepaid expenses, and depreciation. It is widely known that for every adjusting entry, it must affects at least one income statement account and one balance sheet account.
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