Explanation:
C. Created in the interview.
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The term which describes the individual use of products that can lead to externalities is "consumption externalities."
<h3>What is consumption externalities?</h3>
There may be possible costs and advantages experienced by other parties who were not engaged in a transaction that when an individual investor or party engages in some transaction, such as using a good or service. They are referred to as externalities.
There are two types of externalities, which are-
- The positive externality is really an unintended advantage gained by a third party as a result of the creation or use of a commodity by another party. Positive externalities show that the societal advantages of creating or consuming products outweigh the individual advantages to third parties.
- The negative externality would be an indirect expense incurred by a third party as a result of the creation or use of a product by another party. Negative externalities show that the societal costs are greater than the private costs to third parties.
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As the Margene is the product manager at fashions ltd., a company that designs and manufactures clothes and fashion accessories. The managerial task performed by Margene is planning.
<h3>What are resources?</h3>
Resources refer to the materials available in the environment that are technologically accessible and help in the satisfaction of needs and wants.
Margene is the product manager at Fashions Ltd., a company that designs and manufactures clothes and fashion accessories. In deciding the allocation of resources for attaining her goals, the managerial task performed by Margene is planning.
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Answer: Option (a) is correct.
Explanation:
Correct Option: Breaking down a large, heterogeneous market into sub markets that are more homogeneous.
Market segmentation is a process or procedure for dividing a large consumer market into sub markets or sub groups and this segmentation is on the basis of consumer's characteristics such as needs, location, interests.
It creates an advantage for the marketer because these market segments makes the job of marketers easier. It also reduce the risk of unsuccessful and unwanted marketer campaigns.
Answer:
The expected balance of Accounts Payable on 31 January is $6020
Explanation:
The expected closing balance of Accounts payable will include the amount of payable for purchases made in January which are still outstanding at the end of the month. According to the policy of the company, 50% of a month's purchases will be paid in the following month. Thus, the ending balance of accounts payable will be 50% of January's purchases.
Closing balance of Accounts payable = 12040 * 0.5 = $6020
