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tatyana61 [14]
3 years ago
10

A company is about to be closed down as it does not possess enough funds to pay for its debts. The business, therefore, places a

low value on its inventory. Which concept is the business complying with?
Business
1 answer:
evablogger [386]3 years ago
7 0

Answer:

The business is complying with the Liquidation concept.

Explanation:

Liquidation in most cases is a concept in business that happens when a company sells off its inventory lower than their cost price because the company is about to be closed down.

It is usually to generate cash within a short period of time to pay off debts or creditors.

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Attracting attention, describing contents, explaining benefits and identifying the uses of a product are all functions of:
Oxana [17]

Answer:

Packaging.

Explanation:

Packaging can be defined as a the process of adding or enclosing a wrapping material around a finished product in order to uniquely contain, describe, identify, protect, attract and promote the products in the marketplace.

In marketing, packaging plays a very significant role in the determination of the success of a product in the marketplace and as such should be done professionally and properly by including the necessary information and styles to attract potential customers or buyers.

Hence, attracting attention, describing contents, explaining benefits and identifying the uses of a product are all functions of packaging.

4 0
3 years ago
A generalist practitioner performing the role of _____ coordinates, on behalf of a specific client, needed services provided by
aleksklad [387]

Answer:

Case manager, Specific client

Explanation:

Case manager is a generalist practitioner performing the role of a specific client coordinates, on behalf of a specific client, needed services provided by any number of agencies, organizations, or facilities.

Case manager are also known as Human or Social service assistant whose role is to strive to achieve for client empowerment. Case managers do not manage people, instead they help people to handle difficult situations.

8 0
4 years ago
Many businesses today are abandoning traditional business attire and allowing their employees to come to work in business casual
fredd [130]

Answer:

Derived

Explanation:

Today's employers are foregoing traditional business clothing in favour of allowing their staff to dress in business casual, which generally excludes ties, cufflinks. As a consequence of this cultural tendency, there has been a decline in the selling of silk ties. Because the market for silk is driven from consumer spending for silk ties, a reduction in consumer spending for silk has resulted in a decrease in desire for silk.

5 0
3 years ago
What type of professional service engagement was the assignment completed by the team of auditors led by Katelyn Light? Defend y
guajiro [1.7K]

Answer:

Consulting service was completed by team of auditors led by Katelyn light.

5 0
3 years ago
Read 2 more answers
The intent of federal price regulation is to discourage excessive competition. select one:
Iteru [2.4K]
Answer: FALSE.

Price control is regulated by the government of any country that puts restriction on the price of goods in the market. The intend of the federal price regulation is to provide uniform policies and to protect the rights of every consumer or customer.
8 0
3 years ago
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