Perpetual inventory system - is the type of inventory system Badger Enterprise uses. A perpetual inventory system is when companies keep track of each individual purchase and sale of inventory continuously. If they use a periodic inventory system, they will do it periodically, or over a given point in time.
Answer:
d. the maximization of output from available resources.
Explanation:
Efficiency is a situation where every resource is used in an optimal way to give the best possible result and eliminate waste. Efficient production is one with the lowest costs. Economic efficiency is, therefore, the maximization of scarce resources to achieve the most economic benefit or output to consumers.
Efficiency is a relationship between inputs and output. It involves around how to use less inputs to get more value in the output. Economic efficiency focuses on the value obtained rather than quantities. It will include efficient production, efficient distribution, and efficient consumption of goods and services.
The accounts receivable = 596,000 + 60,000 (we add because allowance account had a Credit )
Accounts receivable at the end of 2018 = $656,000
The sum of the lengths of any two sides<span> of a </span>triangle<span> is greater than the length of the third </span>side<span>.</span>
Answer:
By adjusting the size of the sales force in one-person increments
Explanation:
Personal selling refers to the form of product promotion wherein the seller directly interacts with the prospect on one to one basis enumerating product attributes and different uses. Under it, the seller tries to persuade the buyer and tries to effect a sale.
The goal of personal selling is to build long term relationship with the buyer alongside customer satisfaction.
The size of the sales force determines the cost of the personal selling activity relating to promoting products and services. Greater the size of the sales force i.e number of personnel employed to cater to prospects in a particular region, greater will be the cost of promotion in the form of salary of those personnel coupled with commission and incenetives.
Under one person increment, the increement in salary of a sales person depends upon individually how much sales value has been effected by him or directly attributable to him. Adjusting sales force size in one person increments, thus reduces the cost of promotion.
