Needs relate to either physical or psychological functions. How does Levi Strauss & Co. satisfy both of these needs with Levi's jeans?
What will be an ideal response?
Levi Strauss & Co. jeans meet physical needs in that people need to wear clothes. The psychological needs are fulfilled in the way people may feel or think they look when wearing these jeans.
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A(n) ________ stops creditors from pursuing their collection actions.
Fill in the blank(s) with the appropriate word(s).
Jabriel just got hired to be in charge of all social media presence for Gibson's doughnut shop. His two ultimate goals for the shop's social media presence (according to your text) should be building deeper customer relationships and ________.
A. Post humorous content B. Get more retweets C. Positive word-of-mouth-communication D. Responding to complaining customers E. Get more followers
Closing journal entries:
A. transfer assets and liabilities to Retained Earnings. B. transfer net income (or loss) and Dividends to Retained Earnings. C. close permanent and temporary accounts. D. transfer revenues and expenses to asset and liability accounts.
Each indirect cost should be allocated to products individually to provide the most useful cost information.
Answer the following statement true (T) or false (F)