As first movers, pioneers have the advantage of creating a new market or product category, therefore establishing a commanding initial market share lead.
The major benefit of being a first mover om a new market or product category is the opportunity to build impactful brand awareness and customer loyalty. That way, first movers can easily dominate the market or product category and maximize early sales, gaining an upper hand against their rivals. They can also adjust their good or service quality as well as refine their marketing strategy with the additional time they get before rivals start to enter the market.
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Answer:
Dr Cash 800,100
Cr Preferred stock 622,300
Cr Additional paid in capital, preferred stock 177,800
Explanation:
Preferred stocks and common stocks are part of stockholders' equity. Whenever they are sold above par value, the difference must be recorded as additional paid in capital. You must also specify which stocks were sold at a higher value.
The correct answer is - C) planned economies.
The socialist economy type is a planned economy. The planning though is for the whole economy, and it is done by the government officials. This type of economy was witnessed in multiple places around the world, USSR, Yugoslavia, Cuba, China, and more recently in Venezuela, Libya, and North Korea.
In general, this type of economy seems to often have very big problems because of the planning, as it more often than not is mistaken. That has often led to making huge debts, famines, and suffering of the people, and eventually this systems tend to fall apart.
The only exception seems to be Libya, under the rule of Gaddafi, where the economy and the society were thriving, but it was all ruined by a foreign intervention.
Answer:
when Thomas received the document of title.
Explanation:
When a contract is formed there has to be an offer and agreement. Bricklay's made an offer by drawing up the title documents and sending them to Thomas.
When Thomas recieves the title deeds he has accepted the offer made by Bricklay's.
So the goods have officially been passed to Thomas even if he had not picked it up