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3 years ago

Give definitions of business enterprises

Business

1 answer:

Alinara [238K]3 years ago

8 0

Answer:

efinition. Business enterprise means a firm, sole proprietorship, partnership, association, corporation, company, or other business entity of any kind including, but not limited to, a limited liability corporation, incorporated professional association, joint venture, estate, or trust.

Explanation:

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Suppose Amazon.com has offered you free shipping on your next purchase of more than $35. This offer is an example of ________.

Lunna [17]

Answer: Option A

Explanation: Sales promotion is the method of convincing a prospective consumer to buy the commodity. Sales promotion is intended to be used as a brief-term tool to boost sales – it is seldom appropriate as a way to develop long-term customer retention.

Giving discount, rebates and other such special offers are some of the many examples of sales promotion. In simple words,it is done to boost the sales for the current period.

In the given case, Amazon is also offering money saving offers to attract customers. Hence we can conclude that this is an example of sales promotion.

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3 years ago

While a(n) Blank______ firm views the world as one market and emphasizes cultural similarities across countries rather than diff

givi [52]

A firm that treats the whole world as one market by emphasizing the similar cultures in all the countries is called a global marketing firm.
A firm that observes the world is comprised of different countries and done marketing of products in each country in a varied manner is called a multinational marketing firm.

<h3>What is a marketing firm?</h3>

A marketing firm is an entity that enabled a business to create, execute and sustain the marketing strategies in the consumer market.

The global marketing firm is the one that creates a standardized market in the scenario of similar cultures and adapts when the cultures are different in the worldwide market.

The multi-national marketing firm is the entity that introduces varied products, their branding, and promotion in various countries in which they have their businesses.

Therefore, the global marketing firm focuses on marketing in the entire world whereas the multinational marketing firm focuses on the country in which they have their business set up.

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1 year ago

Whether on paper or computer, which of the following would you use to record bookkeeping data in a ledger? A. Balance sheet B. J

Eduardwww [97]

You want to record all of that stuff inna journal

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3 years ago

A bank reconciliation is a(n) ______. Multiple choice question. internal report prepared to verify the accuracy of the voucher s

Rzqust [24]

A bank reconciliation is a(n): Internal report prepared to compare the company's cash records with the bank statement report.

Bank reconciliation is the way in which the bank balance is compare with cash balance in order to detect and rectified any discrepancies or error.

Important of Bank reconciliation includes:

• It enables company's or organizations to know the actual position of their bank balanc

•It help to detect errors

•It help to detect fraud

•It help to prevent fraud

•It help to prevent embezzlement of money.

•It help to verify the accuracy of both the bank balance and the cash balance.

Inconclusion A bank reconciliation is a(n): Internal report prepared to compare the company's cash records with the bank statement report.

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3 years ago

Morrow Corporation had only one job in process during May—Job X32Z—and had no finished goods inventory on May 1. Job X32Z was st

olga2289 [7]

Answer:

Cost of goods sold is $9,620

Explanation:

<em>First step prepare the Cost of Goods Manufactured Account</em>

Direct materials $ 9,100

Direct labor $ 2,800

Manufacturing overhead applied $ 4,800

Total Manufacturing Costs $16,700

Add Opening Work In Process $ 5,800

Less Closing Work In Process $ 0

Cost of Goods Manufactured $22,500

<em>Next we need to calculate the cost of goods sold as follows :</em>

Opening Finished Goods Inventory $0

Add Cost of Goods Manufactured $22,500

Less Closing Finished Goods Inventory ($12,500)

Cost of goods sold $10,000

Less Over-applied Overheads ($380)

Adjusted Cost of goods sold $9,620

Finished Goods Inventory = $22,500 × 100/180

= $12,500

Thus Cost of goods sold is $9,620

4 0

3 years ago

Give definitions of business enterprises​

Give definitions of business enterprises