When one does marketing research, he or she gathers important information that would help him decide whether the proposed product or service is suitable for the market. So when a firm like Dunkin' Donuts does marketing research, the first step that it should do would be to identify research objectives.
Answer:
True
Explanation:
If there is no-par stock is issued, the entire proceeds are credited to Capital Stock. Also, the amount we get in for this capital amount can not be legally withdrawn for any purposes. It also reduces any responsibility faced from payable by the issuance of no face value. The journal entry will be as follows:
Cash Debit
Common stock Credit
In macroeconomics, excludability means that sellers can restrict people who do not pay for the product from obtaining its benefits.
Such as, if you want to see a concert at a venue, but you did not purchase tickets if the concert is held inside you are not able to go in and watch the show. You must pay for the good or service you are wanting in order to have access to it.
Answer:
C : . as beer production increases, the average total cost of production falls.
Explanation:
Economies of scale applies to large firms or firms that employ large volumes of productive resources like land , labor and capital. Due to their financial strength they are able to produce in bulk, hence cost per unit falls.
Answer:
Line and staff structure
Explanation:
Line and staff structure is an organisational structure where we have line managers that set up goals and directives that are now executed by staff assigned to the line managers.
This is usually used in large organisations and is aimed maintaining managerial authority.
A breakdown of this structure is:
- Line function is the core directive of a manager according to his own departmental goals.
- Staff function is one that supports the line manager with specialised advisory and support functions.
