In step 2 of comparison shopping one must:
Compare prices and features.
Explanation:
Comparison shopping is when an item is shopped for by comparing competitive prices and products for the same.
This is essential in the modern would where there is small difference in specifications of competing product that must be viewed to get the best option.
The first step of the process is to research and access what product and what specifications are needed by the buyer.
The second step is then the comparison of the prices and features.
The third step is the analysis and then the decision of buying.
Problem: Total of Leiff's online purchase
Given: $ 128 for video game
5.3% discount price of the video game
$4.75 shipping fee
15% promotion for more the $50 orders
Solution:
<span>Total = [(85% x 128 )+ (5.3% x 85% x 128) + 4.75]
</span>= 108.80 + 5.78 + 4.75
= <span>$119.32</span>
Answer:
$575
Explanation:
The computation of the depreciation expense is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($2,500 - $200) ÷ (4 years)
= ($2,300) ÷ (4 years)
= $575
In this method, the depreciation expense is the same for all the remaining useful life i.e for four years, the $575 should be charged for all four years
Answer:
Backward integration.
Explanation:
Backward intergration is the process by which a company either buys or generates internally segments of its supply chain. It involves creation of input that can be used in production process. For example if a company buys up their supplier for a pay input.
So if an organization's present suppliers are especially expensive, unreliable, or incapable of meeting the firm's needs for parts, components, assemblies, or raw materials. The best strategy will be to buy a supplier of the input
