Answer:
The correct answer is letter "B": since there is no count of inventory during the review period, a stockout is possible.
Explanation:
The fixed-period inventory system, also known as a periodic inventory system, only updates the organization’s inventory balance when an actual physical count of the inventory is necessary. Most companies only carry out a physical inventory count once every quarter or year, being this the reason why this system is called "fixed-period". However, this could lead to a company stockout at an unexpected period when the count was not carried out yet.
Answer:
Jane's economic profit is $5,000.
Explanation:
Jane decides to open a business of her own and earns an accounting profit of $50,000 in the first year.
She turned down three job offers with salaries of $30,000, $40,000, and $45,000 to start her business.
Here, the opportunity cost of doing business is $45,000 as the opportunity cost is the cost of giving up the second-best alternative.
The accounting profit does not consider implicit or opportunity cost. But in the calculation of economic profits, the implicit cost is considered.
Economic profits
= Accounting profit - Implicit cost
= $50,000 - $45,000
= $5,000
Answer:
quantitative marketing research method
Explanation:
Quantitative marketing research method -
It is a marketing research method , where some survey , polls are conducted in order to get true information about the goods and services , is referred to as quantitative marketing research method .
The method helps to get information about the product in a very fair manner by the consumers , so as to consider the likes and dislikes of the consumers .
The method like blind tests and surveys are used to perform this method .
Hence , from the given scenario of the question ,
The correct answer is quantitative marketing research method .