3. Describe a real or made up example of word of mouth promotion. Why do you think people were motivated to spread this message to others? (1-5 sentences. 2.0 points)

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Answer 1

Answer:

Answer:

Word of mouth marketing (WOM marketing) is the best or worst possible propaganda that a business can have. If the client is very happy and satisfied with your product he/she might tell his/her friends about it. But if the client is unhappy and dissatisfied with your product or service, he/she will definitely tell his/her friends about how bad your product is. WOM marketing is like gossip, it can help or it can hurt.

For example, a client goes to a local grocery store and is looking for a specific type of yogurt which isn't available and instead grabs a sugar free yogurt from a new dairy company. When he gets home and eats the yogurt, he discovers that it tastes great and the fact that it is sugar free is a plus. Since he really liked the new yogurt, he told his parents and friends about how good the products of the new dairy company were.

Answer 2

Answer:

Answer:

A person might go get gas at a local gas station and compare its prices to other local ones. If this station has cheaper gas (or fewer cars/traffic, for example), then the customer will tell his/her friends that it is more efficient to go get gas at that specific station instead of others. The person was motivated by the price of the station, which reduces costs for both them and their friends.

Explanation:

Word of mouth promotion is promoting a good or service personally to acquaintances, so this is also an example of it.

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When a company is using double-entry accounting, what elements of a given ledger must be equal?

Answers

When a company is using double-entry accounting, the elements of a given ledger that must be equal are the debit and the credit. They should reflect the balance of the books. There should be an equal amount in the debit column and in the credit column.

Lindsey birch is planning a van service to transport large or unmanageable pets to their veterinarian. in the bissness information section of her bissness plan, she writes thag she believes her service will succeed because a. it will solve a problem

b. her competition in clueless

c. is wrong

d. it's a creative idea

Answers

It will solve a problem

The correct option is A. It will solve a problem

Just took the test this is the right choice

Costs of production that affect people who have no control over how much of a good is produced

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SPILLOVER COSTS are costs of production that affect people who have no control over how much of a good is produced.

Spillover cost is also known as "negative externalities". This happens when costs of production are not fully reflected on market demand or supply schedules that may result to a loss or damage on a third party involved in a market transaction.

Human Resources Manager Isaac Bauer is researching case studies as he prepares an employee wellness workshop. An effective method of formal research is to search print and online journal articles.A. True.
B. False

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Answer: A. True

Explanation: If he were inexperienced in this field or he was doing it as his hobby (casual objectives) with no goal to reproduce or add to the data already published, or were there people involved in his research, then this would have been categorized as informal research. However this setting is strictly formal, and authenticity of data is mandatory. Print and online journal articles contain the case studies already researched thoroughly.

Of the following sets of accounting entries, which one correctly records the purchase of a piece of equipment? A : a $15,000 increase in cash and a $15,000 decrease in equipment, both entered on the same date B : a $5,000 decrease in cash, a $15,000 increase in notes payable, and a $20,000 increase in equipment, all entered on the same date C : a $14,000 decrease in cash, a $4,000 increase in notes payable, and a $10,000 increase in equipment, all entered on the same date D : a $16,000 decrease in notes payable and a $16,000 increase in equipment, both entered on the same date

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Answer: The correct answer is B : a $5,000 decrease in cash, a $15,000 increase in notes payable, and a $20,000 increase in equipment, all entered on the same date.

Explanation: The option B is correct because we are accounting for a purchase of a piece of equipment. The options in the questions show that the purchase was partly through cash and partly through notes payable. Since that is the case, the appropriate entries should record a cash outflow (credit to cash to decrease it), increase in notes payable as a result (credit to notes payable to increase) and subsequently, increase in equipment (debit to equipment). So, the total credits equal the total debit.

Each of the following transactions appear on the statement of cash flows, EXCEPT: A. acquiring longminuslived assets. B. selling longminuslived assets. C. disposing of longminuslived assets for no cash proceeds. D. depreciating longminuslived assets.

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Answer:

The correct answer is C

Explanation:

Longminuslived assets are those assets which are termed as the long term assets, and its example are property, plant, land, building, furniture and fixtures.

Cash flow statement is the financial statement which provides the total data in relation to all the cash inflows receives from its ongoing operations of the company and external sources of the investment. The statement also involves the cash outflows which is paid for the business investments and activities during a period.

So, the transaction which is not involved in the statement is the disposing of the assets for the no cash proceeds.

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