This question is about the correct source of data for a Marketing Strategy Report. See the possible list of sources below.
<h3>What are the possible internal sources of data that one will refer to in your review of operations?</h3>
Sources to be used in this case are statistics relating to sales and marketing data. Examples are;
- Demography of existing clients
- Current Marketing strategies that have been deployed in the past
<h3>What are the possible external sources of data that you will refer to in your review of operations?</h3>
- Business intelligence on the competition
- Statistics related to the size of the market.
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Answer:
Consumer Sovereignty
Explanation:
Consumer sovereignty in production refers to the controlling power of consumers and that the production of goods and services is determined by the consumers' demand.
In the given scenario, The dollar votes of consumers ultimately determine the composition of output and the allocation of resources in a market economy, and hence this statement best describes the concept of Consumer Sovereignty
Answer: Are you bored because i am
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Answer:
Dr Bad Debt Expense $18,450
Cr Allowance for Doubtful Accounts
$18,450
Explanation:
Preparation of the appropiate adjusting journal entry that the company should make at the end of the current year to record its estimated bad debts expense
Dr Bad Debt Expense $18,450
Cr Allowance for Doubtful Accounts
$18,450
($18,000+Debit balance$450)
(Being to record estimated bad debts expense)
