Answer: In an effort to <u>differentiate</u> its offerings from its competitors, Pegasus added <u>additional features that increased the price</u> of the laptops by $500.
This is an example of <em>Porter's competitive strategies </em>( <u>product differentiation </u>strategy).
Explanation:
The differentiation strategy consists in <em>offering a product similar</em> to one of another company in the market but that <em>has certain characteristics</em> that make the customer perceive it as unique and to be willing to pay a higher price for it.
Strategy <u>Variables</u>:
- Product characteristics.
- How the company communicates with its customers.
- Market features.
It can happen when the <u>price increases</u>, that the difference between this and and another <em>product ´s features is not too large</em>, so that we lose the loyalty of our customers because they don ´t want to pay the new price .
True - The tomato exhibits characteristics of a perfectly competitive market. Firstly, it is made up of many buyers and sellers. Secondly, all firms that partake in the trade do not control the market. Instead, they are price takers. As such, they sell tomatoes according to the prevailing market prices per unit of tomatoes. All firms also have a relatively small market share.
Answer:
A. Received cash by issuing common stock
Debit: Cash
Credit: common stock
B. Received cash for services to be performed in the future.
Debit: Cash
Credit: unearned revenue.
C. Paid salaries payable
Debit: salaries payable
Credit: cash
D. Provided services on account.
Debit: accounts receivable
Credit: service revenue
E. Paid cash for operating expenses
Debit: operating expenses
Credit: cash
Explanation:
A. Received cash by issuing common stock
Debit: Cash
Credit: common stock
B. Received cash for services to be performed in the future.
Debit: Cash
Credit: unearned revenue.
C. Paid salaries payable
Debit: salaries payable
Credit: cash
D. Provided services on account.
Debit: accounts receivable
Credit: service revenue
E. Paid cash for operating expenses
Debit: operating expenses
Credit: cash
<span>If
there are constant rumors that a business is in financial crisis,
employees might lose internal motivation.
The level of maslow's
hierarchy that reflects this situation is safety needs.
</span><span>Safety needs in Maslow's hierarchy refer to the need for security and protection.
Security can include security of life and property, job security, etc.
</span>
Answer:
March 31, 2020
Explanation:
The accrual accounting principle states that you must record transactions in the accounting periods in which they occur, and the conservatism principle states that revenues should only be recorded when the earning process has been substantially completed.
In this case, only March 31 fulfills both requirements, since the goods were delivered on that day: same accounting period + earning process completed.
