Answer:
<u>Opportunity</u>
Explanation:
Corey notices a "backlash" against health food among people who eat out. He decides to open a restaurant that stresses "good home cooking" heavy with gravies , bread , oils , etc. Corey has identified and is trying to capitalize on an opportunity in the market environment.
O<em>pportunities are external thin</em>g .<em> You have to look for them , it is not something which come to you by it own .Instead you have to work hard for </em>it.
You should have the full knowledge about the external environment . You should have the knowledge about the market about people and should know about the taste and preferences of the people.
There is always an opportunities you just need to identify it . Here <em>Corey identify the need and he have the means to fulfill that need which als</em>o <em>essential</em> . Only identifying the opportunities is not the only thing but also you have the means to fulfill them . After that you can gain benefits.
Answer: A. low degree of substitutability.
Explanation:
Substitutability refers to the availability of alternative options to the variable in question. If something is said to be highly substitutable or to have a high degree of substitutability, then that means that it is easily replaceable because it has alternatives. The reverse holds true.
Therefore, Jamie can be said to have a low degree of substitutability because the client wants to deal with only him and if he is removed or unavailable, the company would not be able to deal with the client.
<u>Answer</u>:
Elise Philips, a leading fashion designer, connects with her followers through a strong online presence, promoting her brand and discussing fashion tips through articles and videos on her personal fan page. In this case, the marketing forms Elise uses is (A) Blog
<u>Explanation</u>:
A word “Blog” etymologically speaking, comes from the combination of 2 words- Web and log.
Essentially, a blog is an online account or expression of the writer, and is started with people putting their private experiences online but it has now become a very popular means of promotion and is gaining popularity in most urban areas.
Blog Marketing entails using blogging websites such as Wordpress among others to promote ones’ product to the masses.
The main advantages of Blog marketing include that firstly, it is easier to manage and economically feasible, secondly, it is an effective tool of marketing, especially amongst millennial, thirdly, it gives a more personalised approach to marketing and lastly, it is a great way to improve one’s Search Engine Optimisation ranking.
Answer:
A trial balance presents data in debit and credit format.
Explanation:
There are two sections in the trial balance, called columns of debits and columns of credits. The total columns of debit and credit should always correlate or matched. The debit columns report assets and expenditures side while revenues stockholder equity, and the liability side are reported in the credit column.
Answer:
The correct answer is: more likely to experience a loss when sales are down than a company with mostly variable costs.
Explanation:
The fixed cost ratio is a simple ratio that divides fixed costs by net sales.
The profit formula is:
Profit = Sales- Total cost =(Price * Q)-(FC + VC*Q)
Where
FC=Fixed cost
VC= variable cos
t
Q=produce quantity
If sales go down, we have to pay this fixed cost even if we have no sales. So if this Fixed cost are high , is most likely we are going to experience loss
