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3 years ago

How effective do you think ads are in facilitating need recognition? Explain.

1 answer:

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Ads can be effective in many ways for customers and businesses... businesses can reach out to new customers and gain money. Personalised ads could help customers needs, in order to purchase what they require by locating them to the correct site.

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Marcel supervises a group of paralegals serving the firm's lawyers. He gets along well with his employees, and he has created de

svet-max [94.6K]

Answer:

Task-oriented

Explanation:

Task-oriented leaders focus on getting necessary tasks done to accomplish set objectives. These leaders are concerned with finding step-by-step solutions needed to meet set goals. The leaders will often define the roles required, put structures in place, organise necessary resources, and monitor progress towards accomplishing tasks within the team.

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3 years ago

________________ invested or made loans with 95 percent of the deposits that were being held..

Over [174]

Answer:

(European) goldsmiths

Explanation:

European goldsmiths (Italian goldsmiths were the first) formulated a principle that only 5% of deposits were needed in reserve at any particular time, therefore they could lend 95% of the gold they held in deposit.

Goldsmiths would rent space in their vaults that allowed other people to keep their gold in a safe place. That led to transactions were notes indicating the amount of gold deposited would be traded instead of trading gold itself.

Eventually goldsmiths discovered that they could trade (lend) more money than the amount of gold they held in deposits, inventing fractional reserve banking.

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4 years ago

One assumption that distinguishes short-run cost analysis from long-run cost analysis for a profit-maximizing firm is that in th

scoray [572]

A. The size of the factory is fixed.

We know there will always be costs of rent and etc when running a business so even in the short run there is fixed costs. The output is always variable depending on the number of workers. The number of workers is also not fixed, but the size of the factory is because you cant just get up and move your business over night, it costs money and is a lot of work.

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3 years ago

Scoresby Inc. tracks the number of units purchased and sold throughout each year but applies its inventory costing method at the

Talja [164]

Answer:

Transactions Units Unit Cost Total Cost

a. Inventory, Beginning 4,000 $ 20 80,000

b. Purchase, March 5 10,000 21 210,000

c. Purchase, September 19 6,000 23 138,000

d. Sale, April 15 4,500 65 292500

e. Sale, October 31 9,000 68 612000

f. Operating expenses $615,000

Ending Inventory Units 6,500

Cost of Good Available for Sale = 80,000+ 210,000+ 138,000= $428,000

The number of units in ending inventory = Beginning + Purchases - Sales

=4000+ 10,000+ 6000- 4,500- 9,000

= 6500

FIFO cost of ending inventory $ 148500

6,000 units at $ 23 =$138,000

500 units at $ 21= $ 10500

FIFO cost of goods sold = Sales - FIFO Ending Inventory

= $ 904500- $ 148500= $ 756000

LIFO cost of ending inventory $ 132500

4,000 units at $ 20 =$80,000

2500 units at $ 21= $ 52500

LIFO cost of goods sold = Sales - LIFO Ending Inventory

= $ 904500- $ 132500= $ 772000

Weighted cost of ending inventory = ($428,000/20,000)*6500= $ 139100

Weighted cost of goods sold = Sales - Weighted Ending Inventory

=$ 904500-$ 139100= $765400

Scoresby Inc. tracks

Income Statement

FIFO LIFO Weighted Method

Sales $ 904500 $ 904500 $ 904500

Cost OF Good $756000 $ 772000 $765400

Sold

Gross Profit $ 148500 $ 132500 $ 139100

Less

<u>Operating expenses $615,000 $615,000 $615,000 </u>

Net Loss (466,500) (482,500) (475,900)

4.LIFO minimizes taxes as it gives the lowest gross profit assigning the oldest values to ending inventory.

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4 years ago

Top management at Prinze Auto Sales has decided to replace their traditional marketing approach with an approach that emphasizes

Citrus2011 [14]

Answer:

2. False

Explanation:

Relationship management is considered an important part of CRM (customer relationship management) and it emphasizes on building and increasing customer loyalty and long term commitment.

If this company was to replace their traditional marketing approach with relationship marketing, they would devote more time to build a solid relationship with existing customers and less time searching for new customers.

5 0

3 years ago