Answer:
Predictive research.
Explanation:
Descriptive research focusses on the characteristics of the data under observation and then research is carried out by keeping those characteristic as main focus.
Predictive research focus on the analytics of the data and statistical figures. It is used in business modelling and data mining.
Prescriptive research is a type of research for problems. This usually focusses on the measures so that problems do not occur again.
It is noted as so due to the fact the reader would like to know the reasoning behind the message. Following that the bots used to monitor emails for scams, spam, or viruses typically send off empty subjects as a spam.
Transparent, involved, & Empathetic
Transparent – The employees feel a sense of trust in a transparent culture, since they can express their thoughts.
Involved – in helps us employees who have the same shared interest since we are offered a lot of on the job learning and training programs
Empathetic – Our develops need to understand how the users are interacting with our software so can they can improve the product we are selling. When our managers recognize the concerns, they are most effective in that instance.
Answer:
The correct option is:
It helps obtain a bigger share of the market.
Explanation:
Differentiated strategy is helpful to get bigger shares of the market. Hence, the firms are generally used this strategy. Therefore, 2nd option is correct and remaining options are incorrect.
Differentiated strategy:
- It's an approach that a business takes to develop a unique product or service that customers will find better than or in another way distinctive from products or services offered by competitors.
- Differentiation strategy is a way for a business to distinguish itself from the competition.
- If successful, it allows the business the opportunity to charge a premium for the good or service. Keep in mind, however, that the business often encounters higher costs to offer the unique product or service and thus, needs to be successful in attracting customers to cover that extra cost.
- The company will be able to obtain a bigger share of the market.
Answer:
The Journal entries are as follows:
(1) For Opening Balance Journal entry Not Required
(2) Net sales (all on account) for the year were $101,600. Metlock does not offer cash discounts,
Accounts Receivable A/c Dr. $101,600
To Sales A/c $101,600
(To record sales on account)
(3) Collections on accounts receivable during the year were $82,300,
Cash A/c Dr. $82,300
To Accounts Receivable $82,300
(To record the receipt of accounts receivable)