Explanation:
Let's take for example the smartphone industry.
This industry started off following the year 2000, with the first smartphone brand like BlackBerry, Windows phone, and eventually the iPhone which was first released in 2007.
<u>According to the industry life-cycle model</u>:
Introduction stage: began with earlier smartphone brands like Blackberry released with introductory features like wireless mobile internet, mobile email access.
Growth stage: became evident with a rapid increase in demand adoption for smartphones.
The maturity stage: which is still present today has resulted in an increase in the number of smartphone manufacturers today. Industry expert predicts a decline in the years to come for this industry.
Part of the features of the smartphone industry that have influenced its pattern of evolution has been:
Constant innovation; something that draws the interest of young people.
Today, there are plans to achieve wide-scale and affordable foldable smartphones in the future; and who knows, it may evolve into flying smartphones.
Answer:
goods produced abroad and sold domestically.
Explanation:
Exports are goods produced in the domestic economy and sold abroad.
Quotas limits placed on the quantity of goods leaving a country.
Countries trade goods for which they have comparative advantage and not absolute advantage.
I hope my answer helps you
Answer:
$6.25
Explanation:
Given the data below from the above information,
The actual quantity of direct materials purchased 24,000 pounds
Standard price of direct materials price $6 per pound
Material price variance unfavorable -$6,000
Material quantity variance $2,400
Therefore;
Direct material price Variance = (Standard price - Actual price) × Actual quantity
- $6,000 = ($6 - Actual price ) × 24,000
-$6,000 = $144,000 - 24,000 AP
24,000 AP = $144,000 + $6,000
24,000 AP = $150,000
AP = $6.25
This represents online and subscription-based personal shopping.
Fitfabfun, Trunk Club, and Naturebox offer their services on a subscription basis and as written this represents the trend of social media in the future and this represents online and subscription-based personal shopping.
The main qualifications of an online shopper are the physical strength to move and lift items during the shift and the ability to process orders with a high level of accuracy. Employers prefer applicants with customer service, hospitality, retail, or grocery experience.
An online personal shopper is a retailer who helps customers shop. Individual buyers who work in the fashion industry typically focus on selling clothing and accessories and often survey their customers before purchasing an item to better understand their personal styles and preferences.
Disclaimer: Learn more about online shopping here
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Answer:
d. $66,000
Explanation:
Raw Material requisition = $66,000
Raw Material requisition is transferred to work in process account by following entry
Dr. Cr.
Work in process $66,000
Raw Material Inventory $66,000
The debits to the Work in Process account as a consequence of the raw materials transactions in May is $66,000.
