The first thing Karen and Anika should do is to understand the position of competitors by using the positioning process.
<h3>What is positioning?</h3>
The process of positioning refers to the establishment of a business and its products in the market by creating awareness about it. This product positioning helps to create an image of the products among customers.
This product positioning helps the consumers to compare the product with competitors and identify the product with brand value. It also helps to recognize our products with similar products available in the market.
Therefore, Karen and Anika need to understand the position of their competitors if they wanted to provide their services in a market that has already startups and firms.
This helps them to settle the unique value of their products among customers after recognizing the value of competitors' products.
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The relevant opportunity costs for you and your friend for allocating four hours to attending the concert are<u> "watching a sporting event on TV for you and studying for your friend.
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An opportunity cost is characterized as the estimation of a forgone action or elective when another thing or action is picked. Opportunity cost becomes possibly the most important factor in any choice that includes a tradeoff between at least two alternatives. It is communicated as the relative cost of one option as far as the next best option.
Answer:
The correct journal entry is:
B. Dr. Equipment $1000 Cr. Interest Payable $1000.
Explanation:
The company will debit the interest cost to its Equipment under construction account with the sum of $1,000 while the Interest Payable is credited with the same amount. The adjustment of the interest cost helps the company to capitalize the $1,000 with a debit to its asset account and a credit to the liability account since the amount has not been paid out to the finance house affected. By capitalizing the interest cost, the asset's value is increased while the interest payable increases the current liability of the company as at the date of the adjustment.
Answer:
Calandra should buy call on Canadian Dollars on C$ $0.7000 $0.00049
Explanation:
If she is expecting the Canadian dollar to appreciate versus the United States Dollar in the future, she would buy a calla that gives her the right to buy Canadian Dollars at a lower price than hers future cost projection.
