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AlladinOne [14]
3 years ago
11

How have or will external factors result in the overhaul of a traditional industry of your choice (such as retail or any other)

as we know it? Please explain and cite examples.
Business
1 answer:
jekas [21]3 years ago
7 0

Explanation:

External factors can directly impact the revision of a traditional sector.

Considering the retail sector as an example, we can see how it was impacted by new technologies such as the insertion of commercial activities in an online environment.

New technologies such as the internet are tools for interaction and information exchange where companies can prospect customers and create relationship marketing that promotes greater value and positioning for a company.

For a retailer who wants to remain competitive, it is important to adapt to new ways of making sales, reinventing and updating their payment, delivery, sales and marketing processes and systems.

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Riverboat Adventures pays $170,000 plus $14,000 in closing costs to buy out a competitor. The real estate consists of land appra
damaskus [11]

Answer:

Total cost allocated to building = $66,240

Explanation:

Given:

Total amount pay = $170,000 + $14,000 = $184,000

Land appraised amount = $22,000

Building appraised amount = $79,200

Paddleboats appraised price = $118,800

Find:

Total cost allocated to building

Computation:

Total appraisal price = Land appraised amount + Building appraised amount  + Paddleboats appraised price

Total appraisal price = $22,000 + $79,200 + 118,800

Total appraisal price = $220,000

Total cost allocated to building = [Total amount pay / Total appraisal price]Building appraised amount

Total cost allocated to building = [184,000/220,000]79,200

Total cost allocated to building = $66,240

8 0
3 years ago
Which of the following statements best defines the term credit according to the text?
polet [3.4K]
<span>B. A loan which is repaid with interest in monthly payments

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5 0
3 years ago
Describe three different financial decisions and their opportunity costs.
KatRina [158]

Answer:

Going to college has an opportunity cost of not working or working less. Buying a car has an opportunity cost of not being able to save as much. Buying a house could have an opportunity cost of not being able to travel. Opportunity cost is the choice you give up when selecting something else.

Explanation:

8 0
3 years ago
Read 2 more answers
When companies recruit people to promote products to friends and other contacts in exchange for free samples or other​ rewards,
barxatty [35]

Answer:

The answer is: Referral marketing

Explanation:

Referral marketing is like word of mouth marketing, but with a reward.

We are all social creatures, some more than others, and we like to tell our friends about things that might be considered interesting, new, good, etc (a little gossip). We also know by now that advertisement is usually not 100% accurate, so we don´t fully trust it. When one of our friends tells us that they tried product X and it was great, we do trust them and probably will end up buying product X.

4 0
4 years ago
Which career would organize,train and support teachers and educational workers to help them provide better instruction?
Sonbull [250]
Instructional coordinator 
7 0
3 years ago
Read 2 more answers
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