Annie browses for clothing at Forever 21's website, but goes to a Forever 21 store to try on and purchase the clothing. This demonstrates what aspect of e-business?
A. A firm's website may lead to increased sales in its physical stores.
B. Comparison shopping is easy and quick on the Internet.
C. A website always provides a revenue stream for a company.
D. An e-business provides very little benefit to a company's existing operations.
E. Internet sales take away from a company's traditional sales.
Answer: A
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A negotiated transfer price
a. is one that is bargained for between the managers of the buying and selling divisions. b. would not be based on a product market price that has been reduced through bargaining by division managers. c. could never be used in an agreement based on standard costs and a profit margin. d. is usually developed by lawyers following defined legal procedures.
PrimeFlix sells one-year online subscriptions for viewing classic movies. Customers are required to pay for the subscription at the beginning of the subscription period. On April 1, 2021, total sales of one-year subscriptions are $12,000. What adjusting entry does PrimeFlix need to record on December 31, 2021?
A. Debit Deferred Revenue and credit Service Revenue for $12,000. B. Debit Service Revenue and credit Deferred Revenue for $9,000. C. Debit Deferred Revenue and credit Service Revenue for $9,000. D. Debit Service Revenue and credit Deferred Revenue for $12,000.
Dondi contracts to buy a custom espresso maker from Caffee Specialties, Inc, for $4,500, but Caffee fails to deliver. Dondi buys the appliance else-where for $5,500 . Dondi's measure of damages is
a. $1,000. b. $1,000 plus incidental damages. c. incidental damages only. d. $0
What is a stakeholder map? Why is it a useful tool?
What will be an ideal response?