Channels represents all the activities a product passes in getting from the point of production to the point of consumption. Now, a channel conflict occurs when manufacturers or producers or an organization decides to reduce or eliminate their channel partners by deciding to sell directly to their customers. Channel partners includes those involved in distributing the product produced by the producer to the consumer. Some of them are distributors, retailers, wholesalers, and so on. In this case, by creating a platform online where their customers can purchase product directly from the store, Lammes candies is disintermediating their channel partners and causing channel conflict.
Job order cost system provides a separate record of each particular quantity of product that passes through the factory. Each quantity that is manufactured in the business is known as job. Job order costing is used when the product produced are significantly different from each other.
To record: the journal entry to record all the summarized operations.
The government function selected is protection and regulation of the enviroment.
This government function is mainly carried out by the Enviromental Protection Agency (EPA).
Over the past fifteen years, the EPA annual budget has averaged at around 8 billion dollars. In this time frame, it had its highest budget in 2010, with over 10 billion dollars.
The EPA essentially deals with market failures. Externalities like pollution or over exploitation of natural resources (tragedy of the commons) are some of the most commonly issues that the EPA has to solve.
Complements and Substitutes are basically the goods or services. Complements are the goods which are used with one another, and with the increase of price of one good, the demand of other good falls. On the other hand, substitutes are the goods which are used in place of other goods and with the increase in the price of one good, the demand of other product increases.
In this question, Mobile Applications and Smart Phones are Complements, and Smart Phones and Conventional Phones are Substitutes, and Mobile Applications and Conventional Phones are substitutes.