Answer: the correct answer is c. Administrative actions by the channel manager are necessary to develop channel member cooperation.
Explanation:
Channel members are those people or individuals who are involved in the buying and selling of goods and services in the market.There are three types of channel members. They are: Agents. Wholesaler. Retailer.
Answer: $900
Explanation: LIFO inventory costing method.
This means Last In First Out method. Since the last stock for the year was bought in Nov and the company sold 150 units.
Using LIFO method, 150 * $6 = $900
Answer:
b) false
Explanation:
As we know that the Sole proprietorships have unlimited liability while in the partnership, the partners have limited liability.
Moreover, The proprietor is financially liable for all of the company's debts. In a court of law, a judge might require that the proprietor or owner liquidate its personal assets in order to pay the business' debts.
Hence, the given statement is false
Answer:
B. Company A has a comparative advantage in the production of
rakes
Explanation:
Comparative advantage describes the ability of an enterprise to produce a particular product, goods, or services at a lower price in comparison to rivals. It means that the enterprise uses fewer inputs such as labor, capital, or land to produce. A company with a comparative advantage will manufacture more goods with the same quantity of inputs.
Company A produces rakes at $15 while company B produces at $17. Company A, therefore, has a comparative advantage over company B in the production of rakes. It means company A use fewer resources rakes than company B. Company A can sell rakes at a lower price than company B.