Answer:
Is large enough to permit a profitable market effort toward its members.
Answer and Explanation:
The journal entry is shown below:
1. Organization expense Dr $58,500
To cash $58,500
(Being organization expense is recorded)
Here organization expense is debited as it increased the expenses and credited the cash as it decreased the assets. Also the assets and expenses contains normal debit balance
2. No entry is required as the amortization is recorded for only intangible assets
if a firm want to adjust the cost of a service by 2% to stay competitive, such firm will be focusing on the <u>Price in marketing mix</u>.
<h3>What is a
marketing mix?</h3>
In marketing, these mix refers to those elements of a business's marketing that are designed to meet the needs of its customers.
The four elements of marketing mix are often called 4 'Ps' and includes:
- price
- product
- promotion
- place.
In conclusion, the firm will be focusing on the Price in marketing mix if a firm want to adjust the cost of a service by 2% to stay competitive,
<u />
<u />
Read more about marketing mix
brainly.com/question/859394
#SPJ1
Answer:
Sam can easily determine that the Panaview model has a lower price than the Zony model. ⇒ UNIT OF ACCOUNT
Sam saved $30 per week. ⇒ STORE OF VALUE
Sam pays $140 for the Blu-Ray player. ⇒ MEDIUM OF EXCHANGE
Explanation:
The four main functions of money are:
- it serves as a unit of account: it provides a common measure of the value of goods and services being exchanged.
- it serves as a store of value: money holds its value over time, so it serves as a store of value.
- it serves as a medium of exchange: you can use money to purchase goods and services
- it serves as a standard of deferred payment: money serves as a way of valuing a debt, so you can acquire goods now and pay for them later.
