Omnichannel retailing has many potential advantages, but it also has challenges. What are they?
What will be an ideal response?
Integrated CRM, brand image, pricing, and the supply chain. To have the most effective omnichannel operation, an integrated CRM system with a centralized customer data warehouse should have information that allows retailers to efficiently handle complaints, expedite returns, target future promotions, and provide a seamless experience for the customer. Retailers also need to provide a consistent brand image across all channels. The most difficult factors to control are pricing and the supply chain, since different channels require completely different pricing and customer service.
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Answer the following statements true (T) or false (F)
1. The most popular form of budgeting is known as zero-based budgeting. 2. Incremental budgeting requires setting up many budgets based on short periods, which together make up the full resource requirement. 3. One difficulty with incremental budgets is that they tend to lock departments into stable spending arrangements. 4. An expense budget anticipates investment in major assets such as land, buildings, and major equipment.
________ are intangible products that we pay for and use but never own
A) Consumer goods B) Services C) Industrial goods D) E-commerce products E) Value products
Under international accounting standards regarding depreciation, an entity
a. must depreciate separately the components of a composite asset (e.g., land and building) separately. b. is not allowed to depreciate the components of a composite asset (e.g., land and building) separately. c. may depreciate separately the components of a composite asset (e.g., land and building) d. must use fair value accounting for property, plant, and equipment, thus eliminating the need for depreciation.
Which of the following are mechanisms of organizational socialization?
A. Training programs B. Observation of others C. Corporate statements D. Corporate stories E. All of these are correct.