Answer:
The answer is: Place
Explanation:
The four elements of the marketing mix (4 P´s) are:
- Price
- Product
- Place
- Promotion
Place (or distribution) refers to the point of sale.
Before Amazon, retailers would pay high prices for the right place to set up a store, "location, location, location" was everything. But internet sales shattered that scheme, just ask Sears or JC Penny about it.
With internet sales you can sell your product anywhere (all around the world) and many times you don´t even need a physical store. All you need are good logistics.
Full question:
Management implements internal controls to ensure that all required footnote disclosures are accurate. Auditors tests those controls to provide evidence supporting the ________ presentation.
A) completeness and valuation
B) completeness and accuracy
C) rights and obligations and existence
D) occurrence and accuracy
<u>Answer:</u>
Auditors tests those controls to provide evidence supporting the completeness and accuracy presentation.
<u>Explanation:</u>
During the interim audit, the internal control system is documented and assessed. The completeness and accuracy of the erudition in the report superimposed which the auditor is relying on. Accuracy simply is inadequate. One requires to obtain certitude about both the completeness and the accuracy.
The statement that all the transactions that should hold been recorded are recorded is named completeness. A transaction is deemed accurate if: There is no fault while developing the supporting document, and there is no failure while posting this transaction.
Answer:
We should select Project A as it has a higher expected value of 10,800 compared to Project B's expected value of 9,000.
Explanation:
We need to find the expected value of both the projects, using the formula
Expected value of project A= (probability of loss * value of loss)+(probability of gain* value of gain)
Expected value of project A= (0.40*-3,000)+(0.60*20,000)
=-1200+12,000=10,800
Expected value of project A= 10,800
Expected Value of project B= (probability of loss * value of loss)+(probability of gain* value of gain)
=(0.30*-5,000) +(0.70*15,000)=-1500+10,500=9,000
Answer: a. Reports indicate that students are particularly vulnerable to these tactics. If you fail to pay off the balance, you end up paying much more than the original purchase price for your items.
Explanation:
Even though financial advice is usually tailormade for the individual, a financial expert would most likely give this advice to a student because students are indeed vulnerable to such tactics.
They would be more prone to spend more in the store as a result of the credit card and this will lead to them being unable to pay off balances which will then lead to them paying much more than the original price they would have paid.
Answer:
"Your last report contained seven errors which I think you could improve."
Explanation:
Performance feedback is used to give an employee a specific feedback about his work. The statement is specific to the performance metric and provides quantitative information about work performed.
In this scenario the statement "Your last report contained seven errors which I think you could improve." Has a feedback about the employee report, the quantitative aspect states that there were 7 errors in the work.
