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babymother [125]
3 years ago
10

A product enhancement is equivalent to

Business
1 answer:
Step2247 [10]3 years ago
8 0

<u>Answer:</u> Upsell

<u>Explanation:</u>

Product enhancement means adding any additional features or functions to the existing products. The product managers keep adding these features to increase the market share of the product sold. It is also a marketing technique used by the companies to prove their products better than the competitors products.

By following product enhancement strategy the company tries to upsell the products. It protects the product from being out of the market and also increases the product's capability. The usability and performance of the product also increases.

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In business, it is important to establish your _____ from your first day on the job
Alchen [17]

In business, it is important to establish your credibility from your first day on the job.

Gaining a reputation enables you to speak more persuasively and with greater ease. Work results and financial success are significantly impacted by the degree of trust in working relationships.

<h3>Why is it important to gain credibility?</h3>

Employee mistrust and disengagement are caused by ineffective leadership, which affects the organization's revenue as well as its reputation. According to studies, a leader's trustworthiness affects employee engagement, which in turn affects the performance and productivity of the firm.

your well-deserved reputation as a reliable person who does their work well cares about the people they work with and for, upholds high moral standards and values both personally and professionally, and keeps their word. The extent to which others trust or believe in you is referred to as credibility.

Learn more about credibility here:

brainly.com/question/8669599

#SPJ1

7 0
1 year ago
Record the January 31, 2019 adjusting entry for the December 31, 2018 receipt of $3,000 from race participants for providing ser
MAXImum [283]

Answer:

Debit Unearned revenue   $1,000

Credit Service revenue       $1,000

Explanation:

When cash is received in advance for service yet to be provided, an asset and a corresponding liabilities are created.

The liability is then reduced as the revenue for which cash was collected in advance is earned.

Given that the December 31, 2018 receipt of $3,000 from race participants for providing services for three races. One race is held on January 31, 2019 and the other two will be held in March 2019.

Revenue from one race = 1/3 × $3,000

= $1,000

Since One race is held on January 31, 2019, entries required

Debit Unearned revenue   $1,000

Credit Service revenue       $1,000

Being entries top recognize revenue earned from the race held on January 31, 2019 .

4 0
3 years ago
What is the only bone in the human body not connected to another bone?
Gemiola [76]

Answer:

Hyoid bone

Explanation:

The hyoid is anchored by muscles from the anterior, posterior and inferior directions, and aids in tongue movement and swallowing.

4 0
2 years ago
Problem 1
zloy xaker [14]

Answer:

How to produce resources

5 0
2 years ago
I need to write a balance sheet but I am having trouble with the format. can anyone please help?
vichka [17]
Answer & Explanation:
Most balance sheets are arranged according to this equation:

Assets = Liabilities + Shareholders’ Equity

The equation above includes three broad buckets, or categories, of value which must be accounted for:

1. Assets

An asset is anything a company owns which holds some amount of quantifiable value, meaning that it could be liquidated and turned to cash. They are the goods and resources owned by the company.

Assets can be further broken down into current assets and noncurrent assets.

- Current assets are typically what a company expects to convert into cash within a year’s time, such as cash and cash equivalents, prepaid expenses, inventory, marketable securities, and accounts receivable.
- Noncurrent assets are long-term investments that a company does not expect to convert into cash in the short term, such as land, equipment, patents, trademarks, and intellectual property.

2. Liabilities

A liability is anything a company or organization owes to a debtor. This may refer to payroll expenses, rent and utility payments, debt payments, money owed to suppliers, taxes, or bonds payable.

As with assets, liabilities can be classified as either current liabilities or noncurrent liabilities.

- Current liabilities are typically those due within one year, which may include accounts payable and other accrued expenses.
- Noncurrent liabilities are typically those that a company doesn’t expect to repay within one year. They are usually long-term obligations, such as leases, bonds payable, or loans.

3. Shareholders’ Equity

Shareholders’ equity refers generally to the net worth of a company, and reflects the amount of money that would be left over if all assets were sold and liabilities paid. Shareholders’ equity belongs to the shareholders, whether they be private or public owners.

Just as assets must equal liabilities plus shareholders’ equity, shareholders’ equity can be depicted by this equation:

Shareholders’ Equity = Assets - Liabilities

— Courtesy of Harvard Business School

I hope this helped! :)
6 0
3 years ago
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