This implies that the work would take longer as well, making the product cost more
Answer:
The primary difference between product markets and factor markets is that:
Product markets are markets related to products, goods, tangible finished items. This is where you'll get your product for sale and where people will buy it.
while
Factor markets are for the factors of production, mostly intangible, like labor, capital and entrepreneurial skills. This is what you'll use (including raw materials) to make your product.
Answer: Which of the following is not one of the three most common core ERP components focusing on internal operations? C. Business Intelligence
Explanation: The core ERP components are Accounting and Finance, Production and Materials Management, and Human Resources. The ERP components help a business focus on internal operations and how to be productive in maintaining them.
Answer:
personal selling
Explanation:
Personal selling is a type of marketing strategy used when companies encourage their customers to make their experiences public and share their feelings about the product. In this case, the company is encouraging consumer feedback and sharing stories.
A) it is more accurate than accrual accounting.
