Which microenvironment factors have affected The Landing the most?
A) competitors
B) suppliers
C) government agencies
D) natural environment
E) economic environment
A
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Explain "feedback fatigue."
What will be an ideal response?
The Lily Company uses the percent of receivables method of accounting for uncollectible accounts receivable, and a perpetual inventory system. As of January 1, its net accounts receivable totaled $192,000 (Accounts Receivable $200,000 less an $8,000 Allowance for Doubtful Accounts). During the current year, the following transactions occurred. 1)Merchandise costing $1,050,000 was sold on account for $1,400,000. 2)The company collected $1,294,000 from customers on account.3)$6,000 of accounts receivable were deemed uncollectible and written off.4)$1,000 of accounts receivable previously written off as uncollectible were recovered.5)At year-end, Lily Company estimates that 4% of its accounts receivable are uncollectible.Prepare journal entries to record these transactions.
What will be an ideal response?
Multinational enterprises (MNEs) like Harley-Davidson, Rolex, and Starbucks are said to be following an international strategy because
A. they are highly responsive to the local needs and preferences of customers in the host countries. B. they attempt to combine benefits of localization and standardization strategies simultaneously. C. they pursue a cost leadership strategy in their respective industries. D. they offer the same products or services in all their stores throughout the world.
Irving Kaufman, the manager for the Barons singing group, was fired when he demanded more money. By what method was his employment terminated?
a) fulfillment of purpose b) unfulfilment of purpose c) mutual agreement d) revocation of authority e) none of the above