A modification to a product that changes the taste, texture, sound, smell, or appearance is a <u>style modification.</u>
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Product modification is the process of improving already-existing items by making the required adjustments to their nature, size, packing, colour, and other attributes in order to better meet changing market demands. The goal of the product change is to retain current demand, draw in new customers, and effectively compete with rivals.
The company's earnings improve as a result of increased sales, which are aided by this. The product's look is altered as part of the style enhancement plan. Nevertheless, a product's quality never changes. Here, the product's packaging or its shape, colour, or other characteristics may be altered. The fashion business frequently employs this tactic.
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Answer:
Stock is valued at lower of : cost or market price [prudence principle]
Explanation :
Prudence or Conservatism is an accounting principle : anticipating for all possible losses & expenditures, not anticipating for possible profits & gains. This makes business better prepared to face all contingent expenditures/ losses.
This concept's implication is that : Stock or Inventory is valued at the value whichever is lesser between 'cost of inventory' & sale price. This makes inventory valuation as per the above explained Prudence/ Conservatism principle.
The sentence that depicts the examples of how everyday people use the skill of technology in their daily skills is option E. All of these are examples of how everyday people use the skill of technology in their daily skills
<h3>What is technology?</h3>
Technology is the result of compiled knowledge and application of skills, methods, and processes used in industrial production and scientific research. Technology is found in the operation of all machines, with or without detailed knowledge of their function, for the intended purpose of an organization.
Therefore the correct answer is option E. All of these are examples of how everyday people use the skill of technology in their daily skills
The complete question goes thus:
Which of the following are examples of how everyday people use the skill of technology in their daily skills
A. Paying bills online
B.Checking email on their phone
C.Scanning a transportation card on the subway
D.Taking this online class
E. All of these are examples of how everyday people use the skill of technology in their daily skills
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Answer:
The correct word for the blank space is: unfreezing stage.
Explanation:
German psychologist and philosopher Kurt Lewin (<em>1890-1947</em>) proposed the organization theory of change in which a firm went through three stages in the process of changing its operation's method: <em>unfreezing, change, </em>and <em>refreeze</em>. The unfreezing is the first step of the model in which employees may be reluctant to change but it is the job of the high executives to promote the need for modification by exposing the failures of the firm's old method of work.
Answer:
Ending stockholders' equity $ 68.000
Explanation:
The net income for the year is Revenue - Expenses
so $ 113,000 - $34,000 = Net Income $ 79,000
Stockholders Equity at end of year
Opening stockholders' equity $ 52,000
Add: Net income for the year $ 79,000
Less: Dividends Paid <u>$ (63,000)</u>
Ending stockholders' equity $ 68,000