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defon
3 years ago
14

Cosmetics firm SatinSilk is revamping its mission statement and advertising strategy. The planning team comes up with a list of

options for the new mission statement. The CEO stresses that the new mission statement should be market-oriented rather than product-oriented. Which of the following mission statements should the company pick?
Business
1 answer:
Sergio [31]3 years ago
5 0

Cosmetics firm SatinSilk is revamping its mission statement and advertising strategy.The planning team comes up with a list of options for the new mission statement.The CEO stresses that the new mission statement should be market-oriented rather than product-oriented.Which of the following mission statements should the company pick?

A)to create the best possible products and sell them at the best possible price

B)to sell cosmetics products that are hypoallergenic and made only from the finest natural materials

C)to give customers the complexion they dream about by providing a range of products suited to their needs

D)to sell affordably priced cosmetics in every cosmetics product category

E)to increase our market share in the cosmetics segment and increase profit margin

Answer:

C)to give customers the complexion they dream about by providing a range of products suited to their needs .

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Under the average cost method, the flow of costs through the accounting records will ___ to the physical flow of goods through t
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3 years ago
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The answer and procedures of the exercise are attached in the following 3 images.

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Answer:

                                      Debit                  Credit

Trade payable                 $300

Cash                                                           $300                              

Explanation:

First we have to reverse the wrong journal entry which has been made by the inexperienced bookkeeper in the Adams Company accounts:

                                      Debit                  Credit

Trade payable                 $300

Cash                                                           $300                              

Now we have to record the correct journal entry in the accounts of Adam Company in respect of account settlement with supplier which is given as follow:

                                      Debit                  Credit

Trade payable                 $300

Cash                                                           $300                              

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