Online retailer NetShop had been drastically losing market share to its competitors. The management hired a reputed consulting firm to advise the company. The experts from the consulting firm pointed out that the company primarily lost out on its competitive advantage due to its poor customer service, including slow response times to customer inquiries and unclear return policies. These ineffective policies and procedures led to many disgruntled customers and a steady migration to more customer-friendly retailers. NetShop can best solve its problem by working on its
A. support activities.
B. resource flows.
C. resource stocks.
D. immobile assets.
Answer: A
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Which of the following statements is true of wire transfers?
A. The Federal Reserve operates a domestic wire transfer system that can be made through New York Clearinghouse Payments System (CHIPS). B. Electronic funds transfers between business and financial institutions are generally referred to as wholesale wire transfers. C. Article 4A of the UCC, which covers wire transfers, includes consumer payments that are covered by the Electronic Funds Transfer Act (EFTA). D. International wire transfer systems are known as "Fedwire."
Carriveau Corporation's most recent balance sheet appears below:Comparative Balance Sheet Ending BalanceBeginning BalanceAssets: Current assets: Cash and cash equivalents$31 $34 Accounts receivable 73 67 Inventory 74 64 Total current assets 178 165 Property, plant, and equipment 456 370 Less accumulated depreciation 207 196 Net property, plant, and equipment 249 174 Total assets$ 427 $ 339 Liabilities and stockholders' equity: Current liabilities: Accounts payable$49 $56 Accrued liabilities 19 20 Income taxes payable 26 24 Total current liabilities 94 100 Bonds payable 152 200 Total liabilities 246 300 Stockholders' equity: Common
stock 35 30 Retained earnings 146 9 Total stockholders' equity 181 39 Total liabilities and stockholders' equity$ 427 $ 339 Net income for the year was $172. Cash dividends were $35. The company did not sell or retire any property, plant, and equipment during the year. The net cash provided by (used in) operating activities for the year was: A. $183 B. $(11) C. $161 D. $246
The partial worksheet of Ruth Furniture is as follows:
Ruth Furniture Worksheet December 31, 2016 Unadjusted Trial Adjusted Trial Balance Adjustments Balance Account Names Debit Credit Debit Credit Debit Credit Cash $6,500 Accounts Rec What will be an ideal response
When did the first online communities form?
A. the 1970s B. the 1980s C. the 1990s D. the 2000s