Why do firms choose to outsourcing instead of insourcing?
What will be an ideal response?
A successful answer will indicate that outsourcing can lead to lower cost, overcome insufficient capacity in the firm, overcome lack of technology or expertise, and achieve better quality.
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Visiting a competitor's store to see how salespeople deal with customers is a form of secondary research
Indicate whether the statement is true or false
A merchandiser uses a perpetual inventory system. The beginning Retained Earnings balance of the merchandiser was $95,000. During the year, Sales Revenue amounted to $75,000, Cost of Goods Sold was $30,000, and all other expenses totaled $12,000. The company declared and paid $19,000 as dividends. The last step in the closing process would include ________.
A) a debit to Income Summary for $33,000 B) a credit to Income Summary for $19,000 C) a debit to the Retained Earnings account for $33,000 D) a debit to the Retained Earnings account for $19,000
Most audiences will comply with a routine message if they feel the writer is not being unreasonable
Indicate whether the statement is true or false.
Which of the following statement is true?
a. Revenue is not necessarily cash b. Cash and revenue are actually the same thing c. Revenue is what you have in the bank d. Cash is non-taxable and revenue is not