Answer: b. Start selling the ShipShape using an online direct-from-manufacturer channel
Explanation:
Market penetration strategy is typically used by a company that wants to enter a new market. It is the sale of a product in a particular market.
Since the team has chosen the market penetration strategy, the option that should be recommended to YelloW would be to start selling the ShipShape using an online direct-from-manufacturer channel.
Answer:
The correct answer is letter "D": Accounts receivable ledger.
Explanation:
The accounts receivable ledger is the part of the accounting book of a company where all the credits sales are recorded. This ledger includes the amounts invoiced to consumers that have not been paid yet (accounts receivable) as well as the <em>credit memos</em>. The latter are registered when the payment has not been paid in full after the account receivable was due, so the outstanding amount can be eliminated.
Answer:
The correct answer is: in all decision making.
Explanation:
Economic analysis is used in all walks of life, in decision making. It is not only relevant for policymaking or in business or for students. Rather, it is used in day to day life as well.
Almost all the decision we make is based on cost-benefit analysis. It used by households and individuals for utility maximization. It is used by businesses for profit maximization and is used by policy makers for welfare maximization.