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3 years ago

ading Quiz 10: True or False: When choosing a loss leader, you should choose a product that customers buy often.

Business

1 answer:

Igoryamba3 years ago

6 0

Answer:

yes

Explanation:

because its the most bought and you will make more money

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"When a T-shirt manufacturer states, ""We sell it only in black because that way we can buy plenty of black fabric and run our p

aleksandr82 [10.1K]

Answer:

Production Oriented or Mass Production Era.

Explanation:

This marketing era took place around the mid 1800s and lasted until the early 1920s. It was basically a result of the industrial revolution where mass production started and manufacturing costs started to decrease. Most businesses would produce only one or very few types of products, and most business people thought that if they were to manufacture something, someone would buy it. Since this type of mass production was something totally new, people had lots of products available and relatively cheap for the first time, and indeed most of the production was sold that way.

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3 years ago

During 2021, its first year of operations, Pave Construction provides services on account of $124,000. By the end of 2021, cash

7nadin3 [17]

Answer:

The adjusting entry for uncollectible accounts on December 31, 2021:

Debit Bad debts expense $9,600

Credit Allowance for uncollectible accounts $9,600

Explanation:

During 2021, Pave Construction provides services on account of $124,000. By the end of 2021, cash collections on these accounts total $92,000.

The balance of uncollected accounts on December 31, 2021 = $124,000 - $92,000 = $32,000

Pave estimates that 30% of the uncollected accounts will be uncollectible.

Estimated uncollectible = 30% x $32,000 = $9,600

The adjusting entry for uncollectible accounts on December 31, 2021:

Debit Bad debts expense $9,600

Credit Allowance for uncollectible accounts $9,600

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3 years ago

In 1-2 sentences, explain why scarcity exists.

prohojiy [21]

Scarcity refers to a state of being in short supply.

Scarcity exists because distribution of resources is unequal. Majority of the people tend to get more than they need in preparation for future uses. They did not take into consideration that other people also need the items they have stocked up on. This results to unequal distribution of resources. Those who had first access to the goods have more than they need while those who came last have goods that is not enough to sustain their needs. They are the ones experiencing scarcity.

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3 years ago

Which of the following careers is most likely to require business skills? a)Systems Analyst b)Hardware Engineer c)Software Engin

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Answer:

System Analysis

Explanation:

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3 years ago

Read 2 more answers

A market-oriented organization believes that the social and economicjustification for an organization's existence is the satisfa

Novay_Z [31]

Answer: True

Explanation: The organizations that are market oriented focus on keeping healthy relationships with their customers and providing them best service for a positive image in the market. The products offered by such organisations are made in such a way that the consumer gets maximum benefit from it and the needs of customers could be satisfied.

Thus, from the above we can conclude that such organisations emphasize on customer satisfaction and needs, therefore, the given statement is true.

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3 years ago

ading Quiz 10: True or False: When choosing a loss leader, you should choose a product that customers buy often.​

ading Quiz 10: True or False: When choosing a loss leader, you should choose a product that customers buy often.