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Artyom0805 [142]
2 years ago
13

Your college bookstore is responsible for the gathering, sorting, and dispersing of books required for a literature course on ca

mpus, which would be an example of the ________ functions that intermediaries perform.
Business
1 answer:
Nataly [62]2 years ago
5 0

The function of <em>gathering, sorting, and dispersing</em> books required for a literature course by the college bookstore is an example of <em>b. logistical functions that intermediaries perform.</em>

The bookstore is an intermediary between the students (customers) and the publishers (suppliers) of the literature book. The bookstore <em>is not performing a transactional, transitional, or facilitating function. </em>

Thus, the college bookstore performs a logistical function by managing the <em>inventory, transportation, and warehousing needs</em> of the college.

Learn more:brainly.com/question/18686811

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Following are the average accounts receivable and net sales reported recently by two large bever age companies (dollar amounts a
Vlada [557]

Answer:

A)   Accounts receivable turnover ratio = Net credit sales / Average accounts receivable

The following table shows the accounts receivable turnover ratio of MCB and ABI:

Particulars                                                  MCB          ABI

Net sales                                                 $8320     $17400

Average Accounts Receivable                 $720      $900

Accounts Receivable Turnover rate            11.5                19.3

B)  

Day's sale outstanding  = Accounts receivable / Total credit sales  × 365

The following table shows the days sale outstanding of MCB and ABI:

Particulars                                                    MCB             ABI

Net sales                                                    $8,320           $17,400

Average Accounts Receivable                    $720            $900

Day's sale outstanding                               31.58                 18.88

Explanation:

3 0
3 years ago
PLEASE HELP QUICK!! What type of strategy is being used by a car rental agency when it describes itself as the only rental compa
Tcecarenko [31]

There are different kinds of marketing strategy. Sales promotion is a type of strategy is being used by a car rental agency when it describes itself as the only rental company with a door-to-door service.

<h3>What is door-to-door promotion? </h3>
  • Door-to-door is known as a type of technique that is often used for sales, marketing, advertising, etc. This boast the sales of a product or services such as cars.

Tis is when a person or persons walk from the door of one house to the door of another, so as to sell or advertise a product. In the case of the car company, they deliver at home for ease to their customer and drives sales upward.

Learn more about Sales promotion from

brainly.com/question/1312782

5 0
2 years ago
The finance function of business includes all activities that involve money. <br> t or f
ioda
This is true. :)
Hope this helps.

*ps, I take business, just pm me. :)*
3 0
3 years ago
Read 2 more answers
When a firm has international operations, choosing the most appropriate structure depends upon the extent of international expan
valkas [14]

Answer:

True

Explanation:

When a firm has international operations it should choose the most appropriate structure based on the following factors:

  1. extent of international expansion: into how many international regions do we plan to expand our activities.  
  2. the type of strategy: the have to choose between global, multidomestic or international strategy
  3. the degree of product diversity: on how many additional markets will our products compete? regionally or globally

Although 1 and 3 may be similar, there can be significant differences. For example, a US company may want to start selling their products in all of South America (regional product diversity), but it will do it by setting a South American office in Brazil only (international expansion is limited to Brazil only).

5 0
3 years ago
After graduating from college, you are hired by the Ford automobile company as an economic analyst. For your first project, you
Olenka [21]

Answer:

1. if the price of Chevrolet Camaro increases, the demand for Ford Mustangs increases. Conversely, if the price of Chevrolet Camaro falls, the demand for Ford Mustangs falls.

2.If the price of gasoline increases, the demand for Ford Mustangs would fall and if the price of gasoline falls, the demand for Ford Mustangs would increase.

3. if income increases, demand for Ford Mustangs increases and if demand falls, demand for Ford Mustangs falls

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.

Income elasticity of demand measures the responsiveness of quantity demanded to changes in income.

If the absolute value of income elasticity of demand is greater than one, it means demand is elastic.

The income elasticity is given as 3 , it means that demand is elastic. So if income increases, demand for Ford Mustangs increases and if demand falls, demand for Ford Mustangs falls.

Cross price elasticity of demand measures the responsiveness of quantity demanded of good A to changes in price of good B.

If cross price elasticity of demand is positive, it means that the goods are substitutes goods.

Substitute goods are goods that can be used in place of another good.

If the cross price elasticitiy is negative, it means that the goods are complementary goods.

Complementary goods are goods that are consumed together

Because the cross price elasticity between Chevrolet Camaro and Ford Mustangs is positive, it means they are subsituite goods. So, if the price of Chevrolet Camaro increases, the demand for Ford Mustangs increases. Conversely, if the price of Chevrolet Camaro falls, the demand for Ford Mustangs falls.

Because the cross price elasticity of demand between gasoline and Ford Mustangs are negative, they are complementary goods.

If the price of gasoline increases, the demand for Ford Mustangs would fall and if the price of gasoline falls, the demand for Ford Mustangs would increase.

8 0
3 years ago
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