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daser333 [38]
2 years ago
5

Sales of the cooler freeze packs made by the company Coolpad have been declining. Online sales information is shared with the sa

les department and customer service division. The product development team, however, has not been receiving the customer complaints or suggested product changes that have been collected. Which part of the effective three-step process did this company fail to use
Business
1 answer:
lubasha [3.4K]2 years ago
7 0

Answer: share customer Information across department

Explanation:

The part of the effective three-step process that this company fail to use is "share customer Information across department".

This was explained when it was written that the product development team, has not been receiving the customer complaints or suggested product changes that have been collected.

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On August 1, Greene Company purchased merchandise inventory on account with a list price of $25,000 and credit terms of 2/10, n/
Alekssandra [29.7K]

Answer:

August 1, merchandise purchased on account 2/10, n/30

Dr Merchandise inventory 25,000

    Cr Accounts payable 25,000

Explanation:

If Greene paid within the discount period, the journal entry to record the payment would be:

August 2-11, payment of accounts payable

Dr Accounts payable 25,000

    Cr Cash 24,500

    Cr Purchase discounts 500

If Greene didn't paid within the discount period, the journal entry to record the payment would be:

August 20, payment of accounts payable

Dr Accounts payable 25,000

    Cr Cash 25,000

5 0
3 years ago
Legal Forces Legal forces are important external forces that international managers need to understand. They are developed at th
torisob [31]

Answer:

1. per se application

U.S. Competition Law

This law checks whether certain parts of a contract or agreement have violated US antitrust laws.

2. Misuse of activity

EU Competition Law

This is part of the European Union's competition law that prohibits the use of activity to try to gain unfair advantges.

3. Extraterritoriality

US and EU

This is a provision in both US and EU anti-competition and anti-trust laws that states that the activities of foreign companies fall under the law if these activities influence the people within the jurisdiction of the US or the EU.

4. Trade obstacle, nontariff

France

These are a part of the French system.

5. Strict liability

U.S. Tort Law

A concept in US Tort law that states that a person is liable for an offence they committed and their state of mind or intent when they committed said offence is irrelevant.

6. Punitive damages

U.S. Product Liability Law

A concept in the US that allows for the extra punishment of the party in the wrong to dissuade others from doing so and to reward the party in the right more justly.

4 0
3 years ago
Cost assignment ________. Group of answer choices includes future and arbitrary costs encompasses allocating indirect costs to a
Vika [28.1K]

Answer:

encompasses allocating indirect costs to a cost object

Explanation:

Cost assignment -

It refers to the distribution of the cost in various objects and activities which initiate the proper bifurcation of the costs , is referred to as cost assignment .

The method is used in the activity - based costing .

It is also known as cost allocation .

All the direct and indirect cost are allotted with the help of cost assignment .

Hence , from the given information of the question ,

The correct answer is -

encompasses allocating indirect costs to a cost object .

4 0
3 years ago
You are thinking of building a new machine that will save you $ 2 comma 000 in the first year. The machine will then begin to we
Serga [27]

Answer:

Present Value= $18,181.82

Explanation:

Giving the following information:

Savings= $2,000

The machine will then begin to wear out so that the savings decline at a rate of 4 % per year forever.

Interest rate= 7%

To determine the present value of the savings, we need to use the perpetual annuity formula with the decline rate.

PV= Cf/ (i + g)

Cf= cash flow

PV= 2,000/ (0.07 + 0.04)

PV= $18,181.82

4 0
3 years ago
Maria wants to start a restaurant of her own. as she does not have any savings, she approaches her bank for money and enters an
Art [367]

Answer:

Line of credit

Explanation:

Line of credit ( LOC )-

It is the monetary value , which the bank or any credit union agrees to lend , with a predefined limit , from which the person can use the amount and then the interest is paid for the amount the person has borrowed , is known as line of credit .

In the case of LOC , a maximum limit , the interest rate and the time to repay back the amount with some minimum payments is defined beforehand .  

8 0
3 years ago
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