Internet service providers are an example of organizations that provide both products and services.
Answer the following statement true (T) or false (F)
False
Internet service providers, associations, banks and credit unions, and consulting firms are examples of organizations that specialize in providing only services.
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One important difference between return on assets (ROA) and return on common shareholder's equity (ROCE) is
a. ROA does not differentiate based on how a company finances its assets; ROCE does. b. ROA does not distinguish between the different types of income items, such as income from continuing operations, discontinued operations, extraordinary items and changes in accounting principles; ROCE does. c. ROCE does not distinguish between the different types of income items, such as income from continuing operations, discontinued operations, extraordinary items and changes in accounting principles; ROA does. d. ROCE does not differentiate based on how a company finances its assets; ROA does.
Accrued revenues:
A. Are listed on the balance sheet as liabilities. B. At the end of one accounting period result in cash receipts in a future period. C. Are recorded at the end of an accounting period because cash has already been received for revenues earned. D. At the end of one accounting period often result in cash payments in the next period. E. Are also called unearned revenues.
According to the societal marketing concept, firms and managers should focus primarily on what marketing efforts are legal and allowed
Indicate whether the statement is true or false
Give an example of how the recent economic downturn affected retailers' strategies
What will be an ideal response?