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Nezavi [6.7K]
3 years ago
13

A first step toward understanding organizational markets is recognizing the differences between industrial, reseller, and govern

ment markets.
a. True
b. False
Business
1 answer:
zaharov [31]3 years ago
7 0

Answer: True

Explanation:

To understand organizational markets, one must first realize that there are three main types of them: Industrial, reseller and government.

Industrial markets enable businesses to transact with each other. They trade raw materials and other goods to each other and process them to finished goods.

The reseller market does not involve any processing but rather firms buying from one and selling to another as middlemen.

The last market is the Government market. Any arm of government that purchases goods and services fall here including at local, state or federal level.

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Furkat [3]

A.  Sea Urchin is your answer.  

5 0
3 years ago
Read 2 more answers
Which of the following is not a step in the strategic planning process? Group of answer choices Defining the company mission. Pl
Phoenix [80]

Answer:

E) evaluating all members of the value chain

Explanation:

A value chain is used to describe all the business activities it takes to create a product from start to finish (design, production, distribution).

And a value chain analysis gives businesses a visual model of these activities.

6 0
3 years ago
In 2017, Walker Company issued common stock for $200,000 cash. The company also paid cash dividends of $30,000, and issued a two
Alexxx [7]

Answer:

The statement of cash flows should report net cash provided by financing activities of $265,000.

Explanation:

Cash Flow from Financing activites:

Common stock issued =     $200,000

Dividend Payment =           ($30,000)

Issuance of note payable = $45,000

Issuance of Bond =             <u> $50,000 </u>

Net cash flow =                     <u>265,000</u>

The statement of cash flows should report net cash provided by financing activities of $265,000.

8 0
3 years ago
If the expected return generated by a financial asset is greater than what is required for compensating the asset's risk, the de
Elis [28]

Answer:

False

Explanation:

Arbitrage refers to buying and selling stocks, commodities, bonds, currencies, or any other type of security. This process is carried out simultaneously, and a profit is made when the purchase price is lower than the selling price. E.g. a trader that purchases gold from a European seller and immediately sells it to an Asian buyer at a slightly higher price.

As technology advances, arbitrage has become more difficult to carry out because information is available to everyone. Before, a company could purchase a good (e.g. beef) in Texas and sell it at a higher price to a buyer in New York.

4 0
4 years ago
Primara Corporation has a standard cost system in which it applies overhead to products based on the standard direct labor-hours
marysya [2.9K]

Answer:

See below

Explanation:

1. Predetermined overhead rate

= Total fixed overhead cost for the year / Budgeted standard direct labor hour

Predetermined overhead rate = $530,400 / 68,000

Predetermined overhead rate

= $7.8 per direct labor hour

2. i. Fixed overhead budget variance

= Actual fixed overhead - Budgeted fixed overhead

= $521,000 - $530,400

= $9,400 favourable

ii Fixed overhead volume variance

= Budgeter fixed overhead - Fixed overhead applied to work in process

= $530,400 - (66,000 × $7.8)

= $530,000 - $514,800

= $15,200 unfavorable

3 0
3 years ago
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