Answer:
C) Classification of products
Explanation:
Advertising is not a means of classifying products.
Advertising is a commercial process of marketing goods and services to a target group of people.
- Advertising is a means of making a product known the the general market population.
- It helps to increase the market share of a particular product among competitors.
- When an advert is done rightly, it can bring more revenue to the company.
- Also, it reinforces brand recognition.
Answer:
The number and characteristics of sellers and buyers is called market structure.
Explanation:
hope it help
Answer: Index
Explanation:
Any economic fact expressed in terms of number is known as Index,
Index is the statistical change which represents the change in the individual data point. Index measures the change in the consumer goods and its price over time in different geographical locations. Some indices display market variations that cannot be captured in other ways.
The answer would be a. Have the ability to exercise significant influence over the operating and financial policies of the investee
Answer:
€6 million
Explanation:
As we know that
According to the International Financial Reporting Standards, if the net realizable value of the inventory increases then the written down of reversal value is required
And according to the GAAP, the inventory should be valued at lower of cost or net realizable value
So in the given case, the inventory is purchased at €6 million and now it is estimated value is €7 million so the lower value i.e €6 million should be reported on the balance sheet.
