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2 years ago

The era in marketing history characterized by the notion that the consumer is king is known as the ________ era.

Business

1 answer:

marta [7]2 years ago

6 0

Answer:

The Selling Era

Kotler refers to this as businesses "selling what they make, rather than making what the market wants to buy." ... Selling-era tactics can be risky for companies, as the hard sell can turn off consumers, perhaps even push them into the arms of a competitor.

Explanation:

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This first-mover advantage occurs when a company can significantly _______ its market share by being first with a new competitiv

horrorfan [7]

This first-mover advantage occurs when a company can significantly increase its market share by being first with a new competitive advantage.

<h3>What are the important competitive advantage?</h3>

Competitive advantage will give a market an edge over another market.

This is because market are mostly competitive in nature and when an individual is performing better in terms of profit and reduced expenses then the Market is at advantage.

Therefore, this first-mover advantage occurs when a company can significantly increase its market share by being first with a new competitive advantage.

This first-mover advantage occurs when a company can significantly increase its market share by being first with a new competitive advantage.

Learn more on competitive advantage below

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8 0

2 years ago

Transactions Innovative Consulting Co. has the following accounts in its ledger: Cash, Accounts Receivable, Supplies, Office Equ

IrinaK [193]

Answer:

Transactions Innovative Consulting Co.

Journal Entries:

Date Account Titles and Explanation Debit Credit

Oct. 1: 51 Rent Expense $2,500

11 Cash $2,500

Oct. 4: 52 Advertising Expense $1,000

11 Cash $1,000

Oct. 5: 13 Supplies $1,800

11 Cash $1,800

Oct. 6: 14 Office Equipment $11,500

21 Accounts payable $11,500

Oct. 12: 11 Cash $7,500

12 Accounts Receivable $7,500

Oct. 20: 21 Accounts payable $2,700

11 Cash $2,700

Oct. 27: 54 Miscellaneous Expense $700

11 Cash $700

Oct. 30: 53 Utilities Expense $475

11 Cash $475

Oct. 31: 12 Accounts Receivable $42,400

41 Fees Earned $42,400

Oct. 31: 53 Utilities Expense $900

11 Cash $900

Oct. 31: 33 Dividends $1,500

11 Cash $1,500

Explanation:

a) Data and Calculations:

Oct. 1: 51 Rent Expense $2,500 11 Cash $2,500

Oct. 4: 52 Advertising Expense $1,000 11 Cash $1,000

Oct. 5: 13 Supplies $1,800 11 Cash $1,800

Oct. 6: 14 Office Equipment $11,500 21 Accounts payable $11,500

Oct. 12: 11 Cash $7,500 12 Accounts Receivable $7,500

Oct. 20: 21 Accounts payable $2,700 11 Cash $2,700

Oct. 27: 54 Miscellaneous Expense $700 11 Cash $700

Oct. 30: 53 Utilities Expense $475 11 Cash $475

Oct. 31: 12 Accounts Receivable $42,400 41 Fees Earned $42,400

Oct. 31: 53 Utilities Expense $900 11 Cash $900

Oct. 31: 33 Dividends $1,500 11 Cash $1,500

5 0

3 years ago

Corrine works in a doctor's office. Sometimes the office is slow with only a few clients. She always finds tasks to keep her bus

Temka [501]

This is an initiative working habit.

5 0

3 years ago

Circular 230 requires due diligence from a practitioner in all of the following circumstances except

Alika [10]

Answer:

(b) selecting and training new hires at the firm

Explanation:

Circular 230 requirement states that a practitioner must exercise due diligence in respect of those matters which relate to preparing, approving and filing tax returns or any other paper to Internal Revenue Services(IRS).

Due Diligence basically means to ensure that actions and information supplied are correct and not false.

So basically it extends to oral or written representations made to IRS or to a client in respect of matter which are administered by IRS.

Selecting and training new hires at the firm does not relate to IRS.

8 0

3 years ago

Lavender Corporation sells 100 jars of essential oil to Bed, Bath, and Relax on December 1, 20X5, for $10 each. Lavender offers

Slav-nsk [51]

Sales Returned and Allowances $50

Allowance for Sales Return and Allowances $50

Lavender expects 5 jars at $10 each ($50 total) to be returned.

Explanation:

Lavender Corporation sells 100 jars of essential oil to Bed, Bath, and Relax on December 1, 20X5, for $10 each. Lavender offers a right to return the product for any reason. Based on past sales, Lavender expects Bed, Bath, and Relax to return 5 jars

<u>Using the above stated information we get the given data :-</u>

Sales Returned and Allowances $50

Allowance for Sales Return and Allowances $50

Lavender expects 5 jars at $10 each ($50 total) to be returned.

<u>The adjusting journal entry on December 31 reflects</u>

The right of return by debiting Sales Returns and Allowances (a contra-revenue account) and
Crediting Allowance for Sales Returns and Allowances (a contra-asset account to Accounts Receivable).

5 0

3 years ago