Answer:
competitive advantage
Explanation:
Based on the information provided within the question it can be said that this is an example of communicating a product's competitive advantage. This term refers to a specific condition that allows a company to be placed in a favorable or superior position within the industry which it is in. Which in this case having high quality coffee at an extremely low price when compared to the competition puts it in this favorable position.
Answer:
The Summons.
Explanation:
A summons is a legally binding document provided for different purposes by a judge or by a law administrative agency.
- A judicial order shall be made to an individual who is interested in legal action. Civil action against the individual may be underway, or the presence of the person as a victim may be allowed.
- The summons specifies a date through which the person or organization called must either show up in court or address the court or even the opposition candidate or parties in response.
Answer:
<u>Closing Entries Dated 31, 2016</u>
Dr. Cr.
Closing Income Accounts
Service revenue $186,100
Interest revenue $90,300
Income Summary $276,400
Closing Expense Accounts
Income Summary $153,400
Supplies Expense $96,900
Advertising expenses $18,200
Salaries and wages $21,000
Income tax expense $17,300
Closing Income Summary Account
Income Summary $123,000
Retained Earning $123,000
Closing Dividend Account
Retained Earning $7,800
Dividend $7,800
Explanation:
All the Income and Expenses accounts are closed to Income summary account. The net balance of income summary account is transferred to retained earning account. The dividend balance is also transferred to retained earning account to close it. Ultimately all the balances are netted off in retained earning account.
Answer:
As competition increases, traders must offer certain advantage to their clients, e.g. lower prices, credit sales, longer payment terms, etc., which end up benefiting their clients, and also traders will be willing to relinquish some of their gains to keep existing clients.
This is exactly the same thing that occurs in a given market when the number of suppliers increases, decreasing the equilibrium price and increasing consumer surplus.
Answer:
The correct answer is: True.
Explanation:
To begin with, the concept known as<em> "Shopper Marketing" </em>refers to a discipline that is not limited to in store marketing activities but instead is focus on the fact of identifying the consumer and drive him in the process of purchase and connect with them along the whole process itself due to the fact that in this discipline what the marketers are looking forward is to obtain the result of making the shopper more understandable of his own needs by guiding him through the process until the purchase.
