Seth's mother didn't want to have a climbing wall as a permanent feature in her backyard, but it was certainly convenient to rent one from the company that catered Seth's 12th birthday party
The catering company created both ________ utility when it rented her the climbing wall.
A) form and place
B) place and creation
C) possession and price
D) time and place
E) creation and possession
D
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A company that receives money in advance of performing a service. What is the journal entry for the transaction?
a. Unearned Revenue – Debit; Accounts Payable – Credit b. Cash – Debit; Unearned Revenue – Credit c. Cash – Debit; Prepaid Fees – Credit d. Cash – Debit; Accounts Receivable. – Credit
Through a process of ________, traditional intermediaries are being eliminated as many companies question the value added by layers in the distribution channel.
A. knowledge management B. horizontal marketing C. vertical marketing D. hybrid marketing E. disintermediation
The same principles that govern the filing of a liquidation petition apply to reorganization proceedings.
Answer the following statement true (T) or false (F)
Explain why people start small businesses.
What will be an ideal response?