Horizontal scope exists the range of product and service components that the firm acts within its market.
<h3>What are vertical and horizontal scopes?</h3>
A horizontal acquisition is a commercial tactic in which one company acquires another that competes on an equal footing in a given industry. The purchase of business operations within the same manufacturing vertical is referred to as vertical integration.
The firm's horizontal scope is the variety of product and service sectors it offers within its market. The vertical scope is the degree to which an organization's internal activities cover all of the value chain activities in the industry, part of them, some of them, or none of them.
The variety of product and service segments that the company offers within its market is referred to as its horizontal scope.
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Answer: Full service
Explanation:
The full service retailing is the process which mainly focus on the services during the production of the products or goods rather than the goods.
The full service retailing mainly focus on storing the informative sales that focus on the high retaining prices and it is customer friendly. The full service retailing is the relationship between the services provider and the customers.
According to the given situation, the Bruce situation clearly depict about the full service retailing process.
Answer:
b. minimum prices are enforced
Explanation:
The manufacturer of certain products deals with their distributors by exploiting the market failures to negotiate ceiling and minimum prices with the threat of not purchase if the agreement is not validated.
This is done to prevent competition between reseller for the price. This makes the reseller profitable and therefore, the manufactured as well.
Given that <span>Dave Klein is a produce farmer in Northern California. His major customers
are grocery stores in the midwest. Dave's product is a perishable item
and will only last for about 2 weeks after it has been picked, so Dave
is concerned with getting his product to his customers quickly. he ships
almost daily when his produce is in season. However, he also needs to
be aware of the cost of shipping.
The form of shipping Dave will most
likely use is truck.</span>
Answer:
Transactions that create revenue :
Transaction B
Transaction C
Transaction D
Journal Entries :
<u><em>Transaction B</em></u>
Cash $900 (debit)
Sales Revenue $900 (credit)
<u><em>Transaction C</em></u>
Cash $10,000 (debit)
Unearned Revenue $10,000 (credit)
<u><em>Transaction D</em></u>
Cash $3,500 (debit)
Accounts Receivable $3,500 (credit)
Explanation:
Transactions that create revenue
Hint ; Revenue is the increases in income that results in increases in assets and decreases in liabilities
