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Firdavs [7]
3 years ago
11

Suppose that more shoe stores open up in town. This increases the number of sellers in the shoe market and _____ competition.

Business
1 answer:
zloy xaker [14]3 years ago
5 0
The increase of shoe sellers in the market from the town would result in an increase in competition. In addition, these would provide a lot of choices among consumers on what good they will likely buy. So to have an edge compared to other sellers, some do marketing strategies like advertising.
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Describes the location at which hotel goods and services are purchased
Inessa05 [86]
In the rooms because that is where the amenities are located ie the bed comfort, the TV, the view, the room size and then the leaning services and the room service (for food from the restaurants)
4 0
3 years ago
When Carolina is in the grocery store buying milk for her children, she picks up a tube of toothpaste at the same time. The toot
yKpoI14uk [10]

A relatively inexpensive item that merits little shopping effort, is called Convenience product.

<h3>What is the Product?</h3><h3></h3>

Product refers to the finished goods or the material that has been converted from the raw material to fulfill the needs of the customer. There are four types of product i.e. convenience goods, shopping goods, specialty products, and unsought goods.

Convenience product is that type of the product which can be purchased with the minimal efforts because it is cheap in value and can be purchased frequently.

In the above case, Carolina picks up the toothpaste which is the example of the Convenience product.

Learn more about Convenience product here:

brainly.com/question/7184191

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7 0
2 years ago
Shondee Corporation uses the lower of cost or market and FIFO inventory methods. At the end of 2018, the FIFO cost of the ending
Assoli18 [71]

Answer:

reported as income for all three years   is $7,000

Explanation:

given data

cost of the ending inventory = $181,000

market value  inventory =  $160,000

to find out

Shondee Corporation must add income

solution

we get here Income per year that is

Income per year = (Value under FIFO Method - Value Under Cost Method ) ÷ Number of year      ..............................1

put here value we get

Income per year = \frac{181000 - 160000}{3}

Income per year =   \frac{21000}{3}

Income per year =  $7000

so reported as income for all three years   is $7,000

8 0
3 years ago
In which core leader competency do you determine information sharing strategies?
Andre45 [30]
<span>Communication is the core leader competency in which you determine information sharing strategies.
Through communication, a leader could convey the goals of the organizations and motivate all members of the group to give their best in order to achieve those goals</span>
4 0
4 years ago
Which of the following statements about budgeting is false? Multiple Choice Budgets create standards for performance evaluation.
Mars2501 [29]

Answer:

The master budget should only be prepared by top management.

Explanation:

A budget is an estimation of the amount of money that a person or business plans to spend on activities within a given period.

Budgeting creates efficiency in spending and reduces waste.

It is an activity that should be carried out by all relevant staff. This is because the staff know where they need to spend money.

It top management independently make a budget, it may not meet some pressing needs of the staff.

7 0
3 years ago
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